Swans cap allowance set at 7%

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  • Bart
    CHHHOMMMMMPPP!!!!
    • Feb 2003
    • 1360

    Swans cap allowance set at 7%

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    However, there is mention that all clubs will be eligible for extra funding if their list contains less than 40 per cent local players.

    Currently only Sydney and Brisbane will qualify for the extra funding.

    Details a bit sketchy
  • Reggi
    On the Rookie List
    • Jan 2003
    • 2718

    #2
    Not confirmed but I think it is $30,000 for every player who earns up to $360,000.

    In other no change in effect - just definition of the rules
    You don't ban those who supported your opponent, you make them wallow in their loserdom by covering your victory! You sit them in the front row. You give them a hat! Toby Ziegler

    Comment

    • Bart
      CHHHOMMMMMPPP!!!!
      • Feb 2003
      • 1360

      #3
      Originally posted by Reggi
      Not confirmed but I think it is $30,000 for every player who earns up to $360,000.

      In other no change in effect - just definition of the rules

      yes seems to be my interpretation.

      Watch the proverbial hit the fan.

      Interesting though is this is the case. Where is the incentive for Swans to develop homegrown talent. If I'm reading this correctly we wouldn't want to go above 40% locals to keep the 'special' cap

      Comment

      • Charlie
        On the Rookie List
        • Jan 2003
        • 4101

        #4
        $30k??? That means that our rookies will earn almost twice as much as anybody elses! That's.... surprising.

        What about player retention? We need to be able to allocate extra funds to the players who need to be convinced to stay.
        We hate Anthony Rocca
        We hate Shannon Grant too
        We hate scumbag Gaspar
        But Leo WE LOVE YOU!

        Comment

        • robbieando
          The King
          • Jan 2003
          • 2750

          #5
          It was said on Ch 10 news that Brisbane's allowable cap extention is cut in half, while ours only drops by 2-3%. The difference know is that we must spead it around the list not just 4 or 5 players. Need more details but from what I understand already is that our cap is now set at 112 -113% which isn't too bad.
          Once was, now elsewhere

          Comment

          • robbieando
            The King
            • Jan 2003
            • 2750

            #6
            OK here is what is happening, overall I don't think we suffer too badly and in fact will still have an allowable cap of 14%

            -------------------------------------------------------------------------------------------

            The Lions and the Sydney Swans will no longer enjoy an extra 10 and 15 per cent allowance on their respective salary caps after months of campaigning to end the allowances by Victorian clubs led to Monday?s decision by the AFL.

            Their allowances will be slashed to 14 and nine per cent respectively next season and by 2006 the Lions and the Swans? salary cap allowance will have decreased dramatically.

            Under the plan - to be phased in over the next three years - the Swans will still be able to pay their players an extra seven per cent due to the higher cost of housing in Sydney while the Lions will have no extra allowance.

            But the reigning premiers, along with the Swans, will still be able to pay up to 12 players each season an extra $30,000 allowance provided they continue to have less than 40 per cent of players from their own state on their list.

            Other clubs will also be eligible for this allowance if they drop below 40 per cent local players on their list but this is unlikely to happen as only Sydney and Brisbane are based in non-traditional AFL states of the current 16 teams.

            What this effectively means is while the Swans? total salary cap allowance will only drop by one to two percent ? the Lions? salary cap allowance has been slashed from an extra $600,000 this year to a maximum of only $360,000.
            Once was, now elsewhere

            Comment

            • Reggi
              On the Rookie List
              • Jan 2003
              • 2718

              #7
              Articlehttp://www.smh.com.au/articles/2003/...825341894.html

              Just giving definition to the rules - reasonably fair. Sydney will be eligible to around $780K in concessions - no real change for us - some for Brisbane.

              AFL has removed the favouritism crap by making everyone eligible
              You don't ban those who supported your opponent, you make them wallow in their loserdom by covering your victory! You sit them in the front row. You give them a hat! Toby Ziegler

              Comment

              • Bart
                CHHHOMMMMMPPP!!!!
                • Feb 2003
                • 1360

                #8
                But with 11 NSW players we are eligible. If we go to 14 we lose the extra allowance.

                With the loss of the priority local pick and now this, it doesn't augur well for Sydney kids dreaming of playing for the Swans.

                Comment

                • floppinab
                  Senior Player
                  • Jan 2003
                  • 1681

                  #9
                  Other clubs will also be eligible for this allowance if they drop below 40 per cent local players on their list but this is unlikely to happen as only Sydney and Brisbane are based in non-traditional AFL states of the current 16 teams.
                  No logic in this at all. What's the difference between a kid coming to the Swans from Wagga to one coming from Ballarat???? Would be better to define it based on the city from which they come rather than the state.

                  Where is the incentive for Swans to develop homegrown talent.
                  Supposedly I guess they will claim it is in the incentive to maintain a lower cost base by not having to pay the allowance with a more local list. If you talk to team CEO's I doubt they would conclude the same. It's definately going to make it harder given a reasonable amount of evidence that the amount of local talent coming up in draft over the coming few years will be significant.

                  Comment

                  • Jon
                    On the Rookie List
                    • Mar 2003
                    • 162

                    #10
                    I think there is a further qualification for the allowance.

                    It only applies to player from outside a club's state, and only during their first FIVE years.

                    So I guess there is still a window of opportunity for player poaching by Victorian clubs once the players in question have their 6th year.

                    The maximum of $360k is interesting. Not sure how that will pan out. It covers a total of 12 players at 30k...so it is important to develop local talent, because it will only protect our younger players.

                    But the 7 % COL should go a long way to offest this.
                    However Eddie hasn't ruled out the legal challenge he was threatening. I think he won't be happy until the COL vanishes altogether

                    Overall I think the deal seems good for Sydney. Brisbane are another story.

                    Brisbane are the big losers. However, on balance, their COL is not as big an issue, and perhaps the 10% they were getting was never tenable longterm. I think they end up wth 4% or 5% by 2006, so there is a squeak of money trickling through to address this for them. However, they'll still retain some protection for the relocation of players.

                    Interesting to see where their list will end up over the next two years though. Their core group is already sitting on a $500K voluntary paycut...I assume to buy another premiership with their mates...but after this year, will that generosity of spirit continue? The 500k plus the 300k odd they lose in these concession changes will really begin to bite.
                    Time to march for the Red and White

                    Comment

                    • penga
                      Senior Player
                      • Jan 2003
                      • 2601

                      #11
                      Originally posted by Jon
                      Interesting to see where their list will end up over the next two years though. Their core group is already sitting on a $500K voluntary paycut...I assume to buy another premiership with their mates...but after this year, will that generosity of spirit continue? The 500k plus the 300k odd they lose in these concession changes will really begin to bite.
                      thats a big point... unlike essendon, carlton and collingwood, brisbane dont have the luxury of any big names going onto the vets list... floodgates at brisbane!
                      C'mon Chels!

                      Comment

                      • Charlie
                        On the Rookie List
                        • Jan 2003
                        • 4101

                        #12
                        By my estimations, now that Cressa is retiring... we don't stand to get any benefit from the vet's list until 2006 - Matthew Nicks (ha ha). After that, there's Seymour and McPherson in 2007 (another ha ha) and finally Micky O in 2008 I think. That's going to make retaining all our younger guys very difficult over the next 3-4 years, if they develop like we hope. 4 years without any real vets list relief is going to make things hard. The next players to make the cut are Mathews and Crouch in 2009 (these two don't really standout as being on big contracts, so that's a minor benefit) and FINALLY Saddo and Goodes in 2010... the first year in which we'll really be able to get anything significant out of the vet's list again. 7 years. SEVEN YEARS!
                        We hate Anthony Rocca
                        We hate Shannon Grant too
                        We hate scumbag Gaspar
                        But Leo WE LOVE YOU!

                        Comment

                        • Jon
                          On the Rookie List
                          • Mar 2003
                          • 162

                          #13
                          Originally posted by Charlie
                          By my estimations, ... we don't stand to get ...anything significant out of the vet's list again...for 7 years. SEVEN YEARS!
                          I reckon you've highlighted one of the major disadvantages Syd and Bris face.

                          Veterans have to play for 10 yrs for a club! Few of our club champions since the 80's have gotten anywhere near that figure.

                          Kelly, Bayes...these stories are rare.

                          THAT is how important the player retention issue can be. Just one eligible champion can be worth many hundreds of thousands of dollars to the salary cap.

                          The good news is that those running the club understand this well. Andrew Ireland has already said the focus will be on growing the future champions from within.
                          Time to march for the Red and White

                          Comment

                          • scurrilous
                            On the Rookie List
                            • Apr 2003
                            • 311

                            #14
                            Originally posted by floppinab
                            No logic in this at all. What's the difference between a kid coming to the Swans from Wagga to one coming from Ballarat???? .
                            About 6.5 hours drive
                            Only 9 notes? How easy can it be!

                            Comment

                            • scurrilous
                              On the Rookie List
                              • Apr 2003
                              • 311

                              #15
                              Originally posted by Jon

                              So I guess there is still a window of opportunity for player poaching by Victorian clubs once the players in question have their 6th year.

                              Aaaaah. Another punch in the head for that unlucky toffee arsed NSWelshman
                              Only 9 notes? How easy can it be!

                              Comment

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