Why is that though?
From what I can gather, its mostly real estate prices? How much for a standard pot of beer in Sydney? In Melbourne youre paying about $3.90 in an average pub.
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Why is that though?
Why is that though?
Infatuation is a bit extreme. For me it is the audacity that I find difficult to stomach. We all know that it is meant to get more difficult for a team that has enjoyed recent premiership success. Its called football equalisation / socialism. It crippled Essendon after the 2000 premiership. Geelong battled its way through it despite losing a swag of fringe and quality players it could not afford to keep on its list (King, Mumford, Prismall, Laidler etc.). And yet Sydney Swans manages to find room in its salary cap to "squeeze" in two of the highest paid forwards.
I reckon supporters of other clubs will rest easier when Swans lose a gun player because you can no longer afford to keep him. Then we'll be saying "swings and roundabouts"
To be fair, we didn't have a million dollar player or even significant layer to lose, did we? Who are the superstars on our list prior to 2012? We were frantically front-loading our contracts for years because we had no stars. And people wonder why we had cap space.Bulldogs were paying some of Lakes contract still. North had 3(?) quality rucks so they dicth one cheap. Burgoyne wanted out of Port because of tensions within the club. Saints just wanted loads of picks and turfed MacEvoy to the curb. And Gunston was a second year player who still won't be on big coin.
None of the teams you have mentioned have been able to acquire a $1million a year player during their period of success, and all lost significant players (Daisy, Gazz, and Buddy) to other clubs for bigger money. The Swans however have acquired Buddy and Tippet while not losing anyone of note to another club (don't claim Mummy because that was as much to apease the AFL after Buddy opting for the Swans over GWS).
Why is that though?
Just as a general point, all sport should be about "short term gain." The "we'll be heaps good in 5 years" culture is the worst thing about AFL. The Swans were criticised for YEARS for being short term in their approach, but it's paid dividends. Hawks, too.
You don't pass up the opportunity to be good now, for an uncertain chance of being excellent later.
Good question, but with Sydney enjoying an amazing list of current stars, their upcoming run of father-son and academy guns means they will be very strong for a long time.
If they cant fit a couple of young guns in, they will just trade them for high draft picks - and so the cycle remains.
This is the reason there has been a bit of resentment from some quarters in the AFL, towards Sydney getting the COLA and and academy - particularly now that free agency is around. Makes it so much easier for them to stay up, whilst so much harder for smaller clubs to rebuild.
Because the AFL says so, that's why. This whole cost of living thing is just total BS. Footballers seek high priced accommodation, no matter which state they play in. It's an asset they can liquidate once they leave the promised land after they finish playing footy. It is NOT a cost of living expense. The bottom line is, in Adelaide you have to pay more for a new car than you do in NSW. SA pays more for water rates, they pay more for power, etc. I could continue with many other examples. These are the real "cost of living" items, it is actually cheaper to live in Sydney than it is in other parts of Australia. This is fact, not an opinion. Sydney get COLA simply to allow them more room in their salary cap, and if you think otherwise, you're living in the world of Noddy.
Ridiculous comment!
That's $1.5M traded out or retired. Buddy is on 750K for each of his first two years whilst Tippett is on 800K in these years. Tippett will not see 800K per year for his next contract as it was used to get him to our club.
Give me a break people!
http://www.smh.com.au/business/the-...-strong-growth-in-january-20140203-31w0u.html
Indices Difference
Consumer Prices in Sydney are 2.28% higher than in Melbourne
Consumer Prices Including Rent in Sydney are 14.82% higher than in Melbourne
Rent Prices in Sydney are 41.23% higher than in Melbourne
Restaurant Prices in Sydney are 0.65% lower than in Melbourne
Groceries Prices in Sydney are 0.25% lower than in Melbourne
Local Purchasing Power in Sydney is 5.48% lower than in Melbourne
You would need around 7,118.80A$ in Sydney to maintain the same standard of life that you can have with 6,200.00A$ in Melbourne (assuming you rent in both cities). This calculation uses our Consumer Prices Including Rent Index
Except that the extra million was not all given to Tippett and Franklin. They got their pissy 9.8% extra just like the rest of the squad.Lol 10% is pissy.
In a sport where 1% makes all the difference, having an extra million dollars to pay players is a pretty big ruddy advantage.
Clearly YOU have no ruddy idea.
Fine. Purchasing prices for houses are even worse.You'd be absolutely mad to be on any kinda decent AFL salary and be renting.
That would be the first thing I'd tell my players if I was a manager. DO NOT rent.
Just had to laugh at this.
Tippett doesnt give 2 fks about your club, our club or any club. He cares about his back pocket.
So looks like you wont expect to keep him after his contract is up.
Yep. And divided by 40 players it's $25,000. Not nearly as big a number.One million dollars extra is one millions dollars extra
You'd be absolutely mad to be on any kinda decent AFL salary and be renting.
That would be the first thing I'd tell my players if I was a manager. DO NOT rent.
Yep. And divided by 40 players it's $25,000. Not nearly as big a number.
Yes buying into a heavily inflated Sydney property market is a much better idea...
If you are on decent money you'd be mad to be banking on real-estate values.
Fine. Purchasing prices for houses are even worse.
I don't know if you're deliberately trying to be ignorant or not, but it's clear as day the Swans will not offer him the same contract that we did before in terms of money per season. Do you think we will?
It also is very hard to imagine Tippet asking to leave/trying free agency. Do you think he'll go through all this again? I find that very hard to believe.
Also in regards to renting- How much are rookies/draftees getting nowdays? I remember a few seasons ago one player (can't remember what club) was sleeping through meetings because he had to get a second job to support his family but than got given work at the club.... He doesn't sound like the sort of person that should be buying a house now does he?
You can sell a house later you know.
Man is this thread full of 10 year olds?
The housing market is inflated everywhere in Australia.
Fact is people have been saying housing prices will drop for a number of years and they havent. They may, but they may not.
Put it this way, rent money gets you nowhere.
Youd be much smarter to buy if you can afford it, which 99% of AFL players can. FULL STOP.
This is why the rookies in high cost of living areas are going to still get the allowance.
Nobody has a problem with the kids and rookies getting it. That makes perfect sense and really hasnt been argued all along.
Also I think Tippett would go through whatever it takes to get another couple of hundred G in his back pocket.
Do you know the first thing about purchasing costs? Interest rates? Market risk?
Best you stay well away from advising young footballers given your apparently simplistic view of market operations and, for that matter, variable human preferences.
Cool so no problems with the COLA as it's going to be structured soon? Meaning that we all move on? Cool.
I doubt Tippet will go through it all again and I don't think it's realistic for all AFL players to buy a house given they could realistically only be on the list for two years and than be unemployed and without any talents outside of football
I work in financial markets, have a degree in corporate finance and have a number of investment properties.
Nice try though.
If you're advising guys on 250k a year to rent, then you need to get your head checked.
You just lost ALL credibility. Geelong has arguably managed its list as well if not better than any teams in the past decade, and we could not afford either player. It wasn't a case of managing the list well; it was a case of simple arithmetic1. Tippett and Franklin both approached Sydney. 2. Any club could afford them if they managed their list well.