Lance Franklin

[bulldogsman]

Just turned on the computer and found this. Wow Buddy to Sydney and then I see the 9 years. I'm shocked.

[FrediKanoute]

What is the rationale behind the 9 year duration? Mark Robinson tweeted that the money is unconditional...so even if he only plays six years he still gets paid??

For what? A coaching role, or working with their academy? Or just for looking pretty and living in Sydney?

Could it be a way of smoothing £6m over 9 years at $750k p/a?

[Axe Man]

Could it be a way of smoothing £6m over 9 years at $750k p/a?

Not when it's being reported as around $10 million over 9 years.

[hujsh]

According to this site the cost of living is significantly more expensive in Sydney than Melbourne. So that stacks up.

However it also claims that, apart from rent, Perth is more expensive than Sydney and with rent they're about the same. Franklin would surely be buying a house, which could be seen as an investment, which highlights a key weakness of the cost of living cap space they get.

[comrade]

According to this site the cost of living is significantly more expensive in Sydney than Melbourne. So that stacks up.

However it also claims that, apart from rent, Perth is more expensive than Sydney and with rent they're about the same. Franklin would surely be buying a house, which could be seen as an investment, which highlights a key weakness of the cost of living cap space they get.

As TCD said, Geelong is cheaper so why don't the Cats lose some cap money?

COLA is a rubbish initiative and was only introduced to prop up a team in the NRL heartland.

[KT31]

As TCD said, Geelong is cheaper so why don't the Cats lose some cap money?

COLA is a rubbish initiative and was only introduced to prop up a team in the NRL heartland.

Because it is a farce, its is a policy to entice players to Swans so the AFL can have a decent team with a one or two crowd drawing stars in Sydney.
Now if it is to be a true national competition it should be abolished.
The extra is only used on a small percentage of Sydney players,.
With what they are paying Tippett and now possible Buddy how can all the players on Sydney's list be receiving the 10% extra ?
IMO all club Presidents will be making a protest and making sure this will be abolished asap.

[BornInDroopSt'54]

What is the rationale behind the 9 year duration? Mark Robinson tweeted that the money is unconditional...so even if he only plays six years he still gets paid??

For what? A coaching role, or working with their academy? Or just for looking pretty and living in Sydney?

One rationale: to get Franklin to Sydney and to lock him in for the rest of his career. Also it's a way around the salary cap. The total on the till is what it takes to get Franklin but if they spread it out over a maximum amount of time, it's less per year out of the salary cap. However they are selling their future to do it, knowing that it may get them a premiership or two and the money will be worth less in six or so years, salary caps then will be more.

[whythelongface]

One rationale: to get Franklin to Sydney and to lock him in for the rest of his career. Also it's a way around the salary cap. The total on the till is what it takes to get Franklin but if they spread it out over a maximum amount of time, it's less per year out of the salary cap. However they are selling their future to do it, knowing that it may get them a premiership or two and the money will be worth less in six or so years, salary caps then will be more.

But how? It is still $1.1M over 9 years. They surely couldn't afford to front load the contract as this would blow the cap out of the water in the first few years. One wonders if there are some third party deals that are a part of all this.

[whythelongface]

Just answered my own question with this article.



Lance Franklin's extraordinary nine-year, $10 million contract offer to join Sydney will see him paid a relatively low amount in his first years at the club while Kurt Tippett's sizeable contract tapers down.

The Swans are understood to have stretched the Franklin contract over nine years and structured it with relatively lower payments in the early years to allow them to afford Franklin and Tippett.



Read more: http://www.theage.com.au/afl/afl-new...#ixzz2gWcUyNxW

[Flamethrower]

I am sure the 9 yr deal is just a fend-off to any club wanting to match the deal ( Hawks ). Buddy will just play on & off the field until he has had enough ( 5-6yrs) and then retire and tear up the last 3-4 yrs.
Sydney have given everyone the bird.

They can't do this.

First point....If Buddy stops playing before the end of the 9 year contract he remains a listed player, taking up a spot on Sydney's list for all 9 years. The Swans would be one player down for every year Buddy doesn't play.

Not only that but if Buddy was to stop playing before the end of the contract, the entire amount of the unpaid contract would count against the salary cap for the final season he plays. For example, if Buddy retires after 5 years, the final 4 years of payments (about $4m) would count against the cap for that final season.

The Swans can renegotiate the contract to their heart's content, but the original contract will count against Sydney's TPP unless the total amount/length of contract is increased.

The only reason the AFL may void the contract is if they believe there is a real danger that the contract wll have a huge detrimental effect on the Swan's ability to be competitive towards the back end of the 9 year deal.

For those like fat Eddie who are complaining about the Sydney stockpiling all of this talent, welcome to the wonderful world of free agency. You wanted it...these are the consequences.

[Remi Moses]

Yep the clubs wanted it .
One of the few issues I agreed with Sockeye Salmon with.
Gotta say after this and the Ablett stuff a few years ago,if Liam Pickering told you it was raining you'd check for yourself .

[LostDoggy]

They can't do this.

First point....If Buddy stops playing before the end of the 9 year contract he remains a listed player, taking up a spot on Sydney's list for all 9 years. The Swans would be one player down for every year Buddy doesn't play.

Not only that but if Buddy was to stop playing before the end of the contract, the entire amount of the unpaid contract would count against the salary cap for the final season he plays. For example, if Buddy retires after 5 years, the final 4 years of payments .

Agree with the second paragraph, but the first - how does he remain a listed player and take up a spot?

[KT31]

Agree with the second paragraph, but the first - how does he remain a listed player and take up a spot?

My understanding would be the Swans would delist him and pay him out so he won't take up a spot on their list but his salary will continue to be under their cap until payment would be completed.

[bulldogtragic]

How's the ego on him?

A young kid is forced to give up number '23' so he can have it. Not only arrogant but I suspect his branding stuff with number '23' on it has business implications for him.

I tolerated him at Hawthorn, can't stand him now.

[Remi Moses]

Really? Sydney's a different market and I doubt they'd even know what number he wore with Hawthorn.
The AFL would just love the fact Buddy's in the social pages and front and centre all over the paper.