The losses of 57 million rupees are Smith-Warner
Steven Smith and David Warner have been banned for a year by ball distortion. Cameron Bancroft has been banned 9 months. In this ban they will be away from the playground and financial losses. The loss is less but not least.
Former captain Smith was the highest paid player of the Australia squad. According to the national team and IPL franchise team's salary, match fees and sponsorship agreement, Smith will count losses of $ 50 million (about 31 crore) in 12 months. Australia's annual fee of 2 million dollars In addition, the minimum $ 4 million will be lost in the match fee while being banned. Smith, who is also banned from the IPL, is not getting $ 2.4 million from the franchise team Rajasthan Royals.
It was the match fee and the reckoning of the fees. Sponsor organizations have gradually started to step aside from Smith's side. Commonwealth Bank has terminated its relationship with Smith as their sports ambassador. In addition, grain food maker Sanatorium has removed Smith's name from their website. However, the organization has not yet announced any formal announcement. Sport equipment manufacturer 'New Balance' last year Smith will be a sports enthusiast, but the sponsor will probably cancel the contract. The press communicated with New Balance, but the company refused to comment. In all, Smith will lose about a few million dollars from the sponsor's sector.
Like Smith, Warner will face a huge amount of financial loss in the 12 months. All in all, the figure is about $ 4 million (26 million taka). His annual income from Cricket Australia (CA) is $ 1.5 million. Apart from the ban on the IPL, the former Australia team's vice-captain will lose $ 2.4 million from the franchise team Sunrisers Hyderabad.
The sponsors have begun to step aside from Warner's side. Korean electronics manufacturer LG Electronics has said that they will not renew contract with Warner. Apart from this, Toyota Australia is closely watching Warner. Warner has a sponsor agreement with the car maker Along with this, sports equipment maker Escos has canceled sponsorship deal with Warner and Bancroft.
Smith-Warner-Bancers have financial losses in the form of ball corruption, Cricket Australia (CA) says. Financial Institution Magellan has already canceled the sponsorship deal with the Australian Cricket Board. According to the country's media, the sponsorship deal was worth 17-20 million Australian dollars. CA was on the verge of introduction of a new broadcast agreement before ball distortion in Cape Town Test. According to the media, the estimated cost of the deal was 100 million Australian dollars. But Smith-Warner-Bancroft's ball distortion may come down to 70 million Australian dollars.