RedBloodBlackSwan
Premiership Player
- Aug 29, 2021
- 3,135
- 6,209
- AFL Club
- Sydney
You are right on the details but I disagree with your conclusion. I appreciate that makes me an outlier and at odds with club, but I find it difficult to escape the conclusion I have come to.No we didn't. COLA was applied after the contract. If you signed a 1 year, $500k deal for example, you just got the extra 9% on top of that
The cost of living was no doubt higher in Sydney (and is higher still today), and compensation was warranted. But a blanket 9% extra for each contract was not always proportional to the extra costs.
Sure for someone on $100k the 9% was needed, but someone on $500k did not have living expenses $50k per year higher than someone in another city. This meant swans could retain those players for a base salary of less than $500k. Those savings could then go to star players (noting those star players would also be willing to accept a lower base salary than they otherwise would have accepted). Money is fungible, players don’t care where it comes from so long as it goes into their bank account.
We didn’t rort the system, but the system was not well designed. It should have been a fixed amount per player per year. The new system better represents the right structure (although I would argue the amounts are too low, especially after the inevitable squeeze on academy picks comes).