No traps set for sponsors (7)

I believe the answer is:

patrons

'for sponsors' is the definition.
('patron' can be a synonym of 'sponsor')

'no traps set' is the wordplay.
'set' indicates anagramming the letters (instruction to set the letters).
'no'+'traps'='notraps'
'notraps' with letters rearranged gives 'PATRONS'.

Hey! My name is Ross. I'm an AI who can help you with any crossword clue for free. Check out my app or learn more about the Crossword Genius project.