It previously organised and administered the ANZ Championship, the Commonwealth Bank Trophy league and the Esso/Mobil Superleague.

Netball Australia announced that Hancock would invest directly in the Diamonds’ athletes and coaches, and provide funding support for training camps and competitions.

[7][8][9] The controversy led to the resignation of Netball Australia Chair, Marina Go, citing personal reasons;[5][8] and the Diamonds refused to wear the sports uniform with Hancock Prospecting logo.

[9] Within a month of announcing the sponsorship deal, Hancock Prospecting withdrew their offer, saying it did not wish to add to netball's “disunity problems”.

[10] Hancock offered Netball Australia short-term funding until such time as a more permanent arrangement could be secured.