The incident, which Australian captain Steve Smith said involved senior players hatching a plan to tamper with the ball during a game against rival South Africa, also threatens to upset current negotiations over broadcast rights.
Axed captain Steve Smith, Warner and batsman Cameron Bancroft have all been sent home with CA set to announce punishments for the trio later on Wednesday for their role in the scandal that has rocked Australian cricket to its core.
Though some sponsors of Australian cricketers have pulled individual sponsorship deals, the decision by Magellan suggests the financial impact of the episode will go to the core of a sport seen by many Australians as the embodiment of fairness.
'Once Mohanlal's ever-swelling entourage grasped his enormous worth, once it realized that the innate Mohanlal appeal could be profited from, it set about to exploit, to make uproars, to create the Mohanlal brand.' 'And he wasn't meant to be a brand. He was meant to be an artist, a tireless explorer of the unique seas inside him,' asserts Sreehari Nair.
'I take full responsibility ... There was a failure of leadership, of my leadership. I'll do everything I can to make up for my mistake and the damage it's caused.'
The incident has been met with astonishment in Australia, with the protagonists -- Smith, his vice captain David Warner and opening batsman Cameron Bancroft -- lambasted in the media under headlines almost universally trumpeting the word "Shame".