The All Blacks were beaten in Chicago last month by Ireland - well beaten, too, as the Irish ended 111 years of torment.
Then South Africa delivered far greater humiliation last weekend when they demolished the All Blacks 40-0 in Dubai. Global headlines broadcast that jolt as the New Zealand Rugby website dialled it back a shade with their "Setback for All Black sevens in Dubai" headline.
All this after the All Blacks' shock loss to Japan at the Rio Olympics and defeats to Great Britain and Fiji as they ended up in fifth place.
Major sponsor AIG will absorb those tremors because they are getting a wider global reach for their brand while the showcase side, the (actual) All Blacks, remain at rugby's summit. Sponsors will revel in the association as sides carrying the signature play at multiple levels in a range of competitions.
Spread the brand, dilute the long-term mana, would be my assessment.