- Oct 3, 2003
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- #351
We did cheat the salary cap. We had illegal, undisclosed agreements, that created room if we needed it - which we believed we would need to pay the finals bonuses that we assumed we would need when we swept all before us in coming craigy years.
all those contingent payments that we lied and cheated to fit in never became necessary but that does not mean we did not cheat the cap.
Its not just about going over
Wait - we guaranteed sponsorship payments, if for some reason Tippett didn't get them. Which he did.
And we said we'd trade Tippett for what we would have gotten for him as compo if he HAD chosen to leave for Gold Coast.
Yes, both things shouldn't have been done.
Let's compare it to human experimentation at Essendon or multi-million dollar under the table payments at Carlton.
Our issues were trifling. Should have been a fine and nothing more, if we'd played our cards more aggressively.
But instead we took a more serious punishment in exchange for it going away without a serious analysis of the board's knowledge and responsibility.