Australia need new Test team sponsor

Test matches in Australia will be in need of a new naming rights sponsor from mid-2017 after it was revealed that Commonwealth Bank’s new $15 million deal to support diversity in the game over the next three years is in fact a reduction of the bank’s investment in cricket by more than a third.

The previous deal between the bank and Cricket Australia, announced in May 2013, was set to last four years to a value of no less than about $50 million. It included name sponsorship rights to the Australian Test team playing at home and home Test series. But ESPNcricinfo has been told this will not be renewed beyond July next year.

“Commonwealth Bank remains a proud partner of Cricket Australia and is excited to rebalance its sponsorship to help even up the gender and diversity scales in professional sport,” a Commonwealth Bank spokesperson said. “On top of the initiatives announced yesterday, we will continue to support the Test series until July 2017 and throughout the upcoming …

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