SYDNEY (Reuters) – The Australian cricket team lost a major sponsor and a host of large companies tore up branding deals with individual players on Thursday as the fallout of a ball-tampering scandal tore into the financial core of the country’s favorite pasti... More »
(Reuters) – Magellan Financial Group said on Thursday it had terminated a partnership with Cricket Australia as the naming rights sponsor of Australia’s men’s domestic Test series, citing a recent ball-tampering scandal. Australia captain Steve Smith and vice-... More »
FILE PHOTO: Larry Nassar, a former team USA Gymnastics doctor who pleaded guilty in November 2017 to sexual assault charges, is escorted into the courtroom during his sentencing hearing in Lansing, Michigan, U.S., January 24, 2018. REUTERS/Brendan McDermid/Fil... More »
Procter & Gamble will "evaluate" next year whether to negotiate another sponsorship deal with USA Gymnastics (USAG), a company spokesperson said on Thursday. More »
In the day following Russian tennis star Maria Sharapova’s admission that she failed a drug test, sponsors Nike, Porsche and Swiss watchmaker Tag Heuer dropped her like a hot potato. Before social media demanded instant responses, sponsors often waited weeks o... More »
