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MightyMagpie
Joined: 04 Jun 2013
Location: WA
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| What'sinaname wrote: | | I'd speak to Mayne and renegotiate his contract. Rather than 3 years at $500,000, say to him we will pay him $100,000 over the next 20 years so he can retire from footy, give us a roster spot and only account for $100K per year (which is nothing given the current cap) |
Read AFL Rule 29.
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What'sinaname 
Joined: 29 May 2010
Location: Living rent free
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| MightyMagpie wrote: | | What'sinaname wrote: | | I'd speak to Mayne and renegotiate his contract. Rather than 3 years at $500,000, say to him we will pay him $100,000 over the next 20 years so he can retire from footy, give us a roster spot and only account for $100K per year (which is nothing given the current cap) |
Read AFL Rule 29. |
yeah, which provision exactly? |
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MightyMagpie
Joined: 04 Jun 2013
Location: WA
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| What'sinaname wrote: | | MightyMagpie wrote: | | What'sinaname wrote: | | I'd speak to Mayne and renegotiate his contract. Rather than 3 years at $500,000, say to him we will pay him $100,000 over the next 20 years so he can retire from footy, give us a roster spot and only account for $100K per year (which is nothing given the current cap) |
Read AFL Rule 29. |
yeah, which provision exactly? |
All of rule 28 and 29, but focus on:
28.9
28.12
28.13(b)
28.22
29.1 defn of "conduct in breach of Total Player Payments provisions"
Your proposed 20 x $100K would be included as a $2m termination payment in the year of termination (when delisted) under 28.22.
Even if that weren't the case it would be open to prosecution by the AFL for circumventing the operation of the TPP provisions under 29.
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All We Can Be |
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What'sinaname
Joined: 29 May 2010
Location: Living rent free
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| MightyMagpie wrote: | | What'sinaname wrote: | | MightyMagpie wrote: | | What'sinaname wrote: | | I'd speak to Mayne and renegotiate his contract. Rather than 3 years at $500,000, say to him we will pay him $100,000 over the next 20 years so he can retire from footy, give us a roster spot and only account for $100K per year (which is nothing given the current cap) |
Read AFL Rule 29. |
yeah, which provision exactly? |
All of rule 28 and 29, but focus on:
28.9
28.12
28.13(b)
28.22
29.1 defn of "conduct in breach of Total Player Payments provisions"
Your proposed 20 x $100K would be included as a $2m termination payment in the year of termination (when delisted) under 28.22.
Even if that weren't the case it would be open to prosecution by the AFL for circumventing the operation of the TPP provisions under 29. |
My scenarios isn't contravening the TPP. Mayne's salary of $100,000 per year counts against our TPP. The question is, can you have an amount in the TPP against a player no longer on the list? |
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MightyMagpie
Joined: 04 Jun 2013
Location: WA
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| What'sinaname wrote: | | MightyMagpie wrote: | | What'sinaname wrote: | | MightyMagpie wrote: | | What'sinaname wrote: | | I'd speak to Mayne and renegotiate his contract. Rather than 3 years at $500,000, say to him we will pay him $100,000 over the next 20 years so he can retire from footy, give us a roster spot and only account for $100K per year (which is nothing given the current cap) |
Read AFL Rule 29. |
yeah, which provision exactly? |
All of rule 28 and 29, but focus on:
28.9
28.12
28.13(b)
28.22
29.1 defn of "conduct in breach of Total Player Payments provisions"
Your proposed 20 x $100K would be included as a $2m termination payment in the year of termination (when delisted) under 28.22.
Even if that weren't the case it would be open to prosecution by the AFL for circumventing the operation of the TPP provisions under 29. |
My scenarios isn't contravening the TPP. Mayne's salary of $100,000 per year counts against our TPP. The question is, can you have an amount in the TPP against a player no longer on the list? |
If it isn't circumventing the operation of the TPP then why did you ARTIFICIALLY restructure it to 20 x $100K?
Artificial because it is an existing contract to work for 4 years for 4 years' pay (3/3 remaining) being converted to a contract to not work for 20 years' pay.
If he ain't on the list it becomes a termination payment and all future payments are aggregated in the year of termination and form part of TPP.
It's not directly on point, but you can see that the AFL is all over potential attempts to circumvent the TPP and Franklin was a new deal not an artificial restructure of an existing deal: http://www.theaustralian.com.au/sport/afl/afl-clears-buddys-10m-move/news-story/0c7a141bcd96ed14358b98de4f4168e7
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Last edited by MightyMagpie on Wed Aug 30, 2017 8:10 pm; edited 3 times in total |
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Invigoration
Joined: 22 Sep 2010
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Give him the pre-season and another year to make a mark, we aren't that tight up for spots on the list that we need to cut him. Hopefully a fire spurs in his belly over the off season, surely he is embarrassed by the current state of affairs as from all reports he is a pretty honest and genuine sort of guy.
Re-assess at the end of 2018.
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Brown re his GF omission:
"It’s not about me & it never has been. It’s about the team & it’s about Collingwood & it’s about the 22 other blokes out there on the park. That’s all that matters to me" |
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What'sinaname
Joined: 29 May 2010
Location: Living rent free
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Only lump sum payments count as a part of termination payments, so make them regular fortnightly payments over 20 years or an annuity.
Last edited by What'sinaname on Wed Aug 30, 2017 8:06 pm; edited 1 time in total |
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MightyMagpie
Joined: 04 Jun 2013
Location: WA
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| What'sinaname wrote: | Only lump sum payments count, so make them regular fortnightly payments over 20 years.
And what provision outlines what is artificial or what is not? |
Yeah that would work!
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burnsy17 
Joined: 10 Aug 2003
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Can he play in defence?
Can he be a tagger?
Can he ruck 
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Beware the swooping Magpie. |
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stui magpie 
Prepare for the worst, hope for the best.
Joined: 03 May 2005
Location: In flagrante delicto
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| Invigoration wrote: | Give him the pre-season and another year to make a mark, we aren't that tight up for spots on the list that we need to cut him. Hopefully a fire spurs in his belly over the off season, surely he is embarrassed by the current state of affairs as from all reports he is a pretty honest and genuine sort of guy.
Re-assess at the end of 2018. |
Agreed.
Worst case is we're paying $500k ps for a playing assistant VFL coach
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Every dead body on Mt Everest was once a highly motivated person, so maybe just calm the **** down. |
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Pies2016
Joined: 12 Sep 2014
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| Invigoration wrote: | Give him the pre-season and another year to make a mark, we aren't that tight up for spots on the list that we need to cut him. Hopefully a fire spurs in his belly over the off season, surely he is embarrassed by the current state of affairs as from all reports he is a pretty honest and genuine sort of guy.
Re-assess at the end of 2018. |
Absolutely agree with this.
In 2016, he was never dropped from the Dockers team at any point through that season. Less than12 months later, he is just average in a VFL team.
You just don't see such a fall from grace very often in a 28 year old player ( although Chris Dawes does spring to mind )
I don't think it's a big stretch to think he could improve a bit on his 2017 form. Whether we like it or not, he forms part of our TPP, so let's not completely write him off until maybe the half way point of next season. |
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stoid
stoid
Joined: 06 Mar 2003
Location: Melbourne
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I'm sorry, but players don't just get $500,000 per year.
Months ago I heard that he was on a performance based contract. Basically it means if he plays X amount of games, he earns his $500,000. But he has underperformed and not reached his target, so I'd be surprised if he got more than $300,000 this year. Offer him a severance payout of $200,000 and at least he can get a job and mitigate his losses. No other club would employ him, well as a player. |
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Skids 
Quitting drinking will be one of the best choices you make in your life.
Joined: 11 Sep 2007
Location: Joined 3/6/02 . Member #175
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Whatever the cost or consequence, get rid of him.
Absolute waste of space. The dumbest deal I can recall.
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Don't count the days, make the days count. |
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Bleedblackanwhite
Joined: 25 Apr 2017
Location: Gold Coast
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I cop it from my mates about this one all the time, and I can only half heartily give a defence before I point at something or rather nothing and yell " what was that " in the hope the subject changes....
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Collingwood forever, forever Collingwood |
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sem 
Joined: 16 Oct 2001
Location: melbourne
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I would have appointed him as senior coach .
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THERE IS NO SHADING IT IS AS PLAIN AS BLACK AND WHITE THAT THERE IS ONLY BLACK AND WHITE |
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