Tippett in Pre Season Draft?

[GVGjr]

Re: Tippett in Pre Season Draft?

What are the rules around retiring before the contract is up? I am assuming they must have done a deal to pay out a certain amount of it, otherwise he would just sit on their injury list and keep banking his full million+
Does anyone know how it works?

I think both parties will agree to an amount which will be less than if he stayed for the remainder of his contract which I think expires at the end of 2020. Lets say the agreement is 1.5M Sydney might be able to cover that this year which frees up their TPP in 2019 and 2020. Otherwise they might just spread the 500L a year over the 3 years.

The skeptic in me asks what incentive was given to Tippett for him to vacate a very lucrative contract?

[Sedat]

Re: Tippett in Pre Season Draft?

What are the rules around retiring before the contract is up? I am assuming they must have done a deal to pay out a certain amount of it, otherwise he would just sit on their injury list and keep banking his full million+
Does anyone know how it works?

AFEL patented "makey uppey" will come into effect. Retirements through injury can be manipulated by clubs so that some of their contracted future salary can be paid out by the AFLPA and not be counted in the cap - Pies did this with Dane Swan from memory.

[Missing-Dog]

Re: Tippett in Pre Season Draft?

I think the way it works is that the Swans don't actually have to pay Tippet anything, however his "Salary" is still included in their cap for the duration of his contract. Now, if he was convinced by Sydney to "retire" there may be an arrangement between the two parties with regards to compensation. I recall an interview late last year with a representative of Hawthorn after Vickery retired and they mentioned that his "salary" is still included in the cap this year. Happy to be proven wrong, but that's just my recollection.

[Axe Man]

Re: Tippett in Pre Season Draft?

I'm fairly certain that Tippett and the Swans renegotiated his contract for more years at less money, which is why he still had 3 years left. He wasn't on $1 million a year anymore.

Obviously they would have come to some sort of arrangement with a payout, otherwise he just would have stayed on the list for 3 more years collecting his paycheque.