jmac70
On the porch
That’s not very nice.The oracle has spoken
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That’s not very nice.The oracle has spoken
Mate, it's written on the internet. It has to be true, don't you know anything?Yep while I do believe this will be his sentiment, pretty sure he’s not gonna say anything different to a pies fan no matter what the actual story is.
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This is my thinking as well. We have got the best out of Braydon. He has been great. If we can now get a first round pick for him at 29 that would be a bonus.No, I'd prefer we flip Maynard for a first rounder. I think we have surplus as the medium defender role, and think Maynard is one we could afford to let go.
I also am not yet clear on McGuane's likely draft spot yet, but even so, we could trade the first round pick we get for Maynard if we felt he'd come in before that pick. We'd also get back salary cap space to make a raid on FA market in coming years.
As much as I want to be buoyed by this, he’s hardly going to confide to a stranger in a cafe he’s planning to leave Collingwood.Saw Maynard today at a cafe in 3121 said he loves the Pies and played for us.
When asked he said its all talk and just hot air by North.
Nothing in it.
Last thing he said.
Im a Pie mate
Just like 'take that number 13 out of the bin'.Straight from the horse's mouth.
That's good enough for me.
Inclined to agree.This is my thinking as well. We have got the best out of Braydon. He has been great. If we can now get a first round pick for him at 29 that would be a bonus.
My preference would be to use that pick to trade for the right player in the 22-25 age bracket. We are losing generational experience over the next few years. Too many kids could spoil the broth.
Don't get me wrong, I am a fan. Just think he deserves a big pay day and we should not match it. Been down that road before and it hurts.
Rowell or DeKoning would work for me.Inclined to agree.
Take first round pick, turn it into younger player in the right age bracket e.g. a chunk of Rowell. Use Maynard’s vacant spot to develop someone like Parker. After acquiring Houston we have plenty of options on the HBF.
Something tells me Maynard only has another 2-3 good years left in him and is past his peak.
Hey Kez, it’s still 60% more after tax money. Plus he’s likely to get at least 2 more years on $1m vs Zero at the Pies. Basically it’s double.Something that is overlooked a bit - when you are earning over $190k a year, everything over that is taxed at 45%!
So while it may seem like $600k a year for a footballer is incredible, set you up for life money, remember, they are paying 45% tax on $410k of that (in addition to the $51,638 they've also paid on the first $190k) - $600k has become $363k in reality after tax.
Now imagine that is now $1m instead of 600k
Now you're looking at $810k of that, taxed at 45%. $416,138 lost in tax. $584k is the net figure.
$600k = $363k
$1m = $584k
Medicare Levy is 2% of taxable income too - imagine how much that would be on these figures.
Now obviously there will be all sorts of loopholes, deductions, offsets etc, they will claim, but these are just basic figures.
Take from this what you will - whether a higher payday is that much more worth it at the end of the day. That's still more income, but not as much as it looks due to the excessively high tax imposed at these levels.
Money is not the be all and end all for everyone - some players do chose to take less than their value to stay at the club they want to play for. Bruz stikes me as this kind, but you never know, so we'll wait and see.
However, your largest monthly financial commitment during your 30s-50s is likely to be your mortgage. If you don’t have one, there’s a saving of $5k+ a month that can be invested or used to leverage into a portfolio of property/equities.Unless you're borrowing against it to invest, or renting out rooms on Air BnB, the family home doesn't earn you income and a $2 million dollar home is more expensive to keep than most cheaper homes. It's not like a financial asset - unless you plan to sell it and buy something cheaper.
It’s a difficult one because, having that extra in your pocket is nothing to sneeze at.Hey Kez, it’s still 60% more after tax money. Plus he’s likely to get at least 2 more years on $1m vs Zero at the Pies. Basically it’s double.
Sports people have a 5 year averaging for tax. This would be mute on a 6 year deal. It would more come into play when he retires if he doesn’t go into high income.
Also to note is 6 years guaranteed income allows him to invest far greater with his ability to repay. He could leverage $3m over 6 years just on his extra earnings. This more likely to set him up for the rest of his life.
He strikes me as ask him a straight question he’ll give you a straight answer kinda guy.As much as I want to be buoyed by this, he’s hardly going to confide to a stranger in a cafe he’s planning to leave Collingwood.
Most players don’t even tell their teammates until it’s sorted.
I believe him.He strikes me as ask him a straight question he’ll give you a straight answer kinda guy.
My doubt on the story is the poster to be honest.
Without going over old ground too much, Bruzzy was pretty effusive about us early on.
Then his wording changed, (after being worded up by his agent no doubt).
Then the big offer from North resurfaced, (been mentioned they had a crack last year).
It’s all theatre imo and he’ll stay.
PS: If you got a selfie with him timokane I’m convinced.
Inclined to agree.
Take first round pick, turn it into younger player in the right age bracket e.g. a chunk of Rowell. Use Maynard’s vacant spot to develop someone like Parker. After acquiring Houston we have plenty of options on the HBF.
Something tells me Maynard only has another 2-3 good years left in him and is past his peak.
Of course it is, which is the point.However, your largest monthly financial commitment during your 30s-50s is likely to be your mortgage. If you don’t have one, there’s a saving of $5k+ a month that can be invested or used to leverage into a portfolio of property/equities.
It’s a huge advantage and a very handy financial base to launch from.
It changes daily. Maybe even hourly.The Hun are reporting that Maynard is being offered a million over 5 years. Cheap. He’ll stay.
Wow, someone start a gofundme page for these players.Something that is overlooked a bit - when you are earning over $190k a year, everything over that is taxed at 45%!
So while it may seem like $600k a year for a footballer is incredible, set you up for life money, remember, they are paying 45% tax on $410k of that (in addition to the $51,638 they've also paid on the first $190k) - $600k has become $363k in reality after tax.
Now imagine that is now $1m instead of 600k
Now you're looking at $810k of that, taxed at 45%. $416,138 lost in tax. $584k is the net figure.
$600k = $363k
$1m = $584k
Medicare Levy is 2% of taxable income too - imagine how much that would be on these figures.
Now obviously there will be all sorts of loopholes, deductions, offsets etc, they will claim, but these are just basic figures.
Take from this what you will - whether a higher payday is that much more worth it at the end of the day. That's still more income, but not as much as it looks due to the excessively high tax imposed at these levels.
Money is not the be all and end all for everyone - some players do chose to take less than their value to stay at the club they want to play for. Bruz stikes me as this kind, but you never know, so we'll wait and see.
What special tax treatment do they get?I think footy players get a special tax treatment
What special tax treatment do they get?

