Costa calling for pay cuts already

[rocker_oz33]

thoughts

 

[PoidaCat]

Re: coasta calling for pay cuts all ready

thoughts

can you please show where he said this with evidence.

 

[Brasil2007]

Re: coasta calling for pay cuts all ready

The only quotes I've seen have both him and Cook saying there's no problem for 2008. 2009 might be different but that's a long, long way off.

 

[catpounce]

Re: coasta calling for pay cuts all ready

Harls offered to take a pay cut. Good on him. I think a few of them would happily take pay cuts to stick together.
He just said so on channel ten news.

 

[rocker_oz33]

Re: coasta calling for pay cuts all ready

on channel 10 news frank coasta calling GFC do do wat the bris lions did to keep the list togeter and tom harley was the first one to say he will take a cut

 

[kendall_cedric]

Re: coasta calling for pay cuts all ready

I'd love it if one or a few of the players 'took one for the team' and said whack me on minimum wage for a year. What a statement that would be. Won't happen but.

 

[reidy75]

Re: coasta calling for pay cuts all ready

I'd love it if one or a few of the players 'took one for the team' and said whack me on minimum wage for a year. What a statement that would be. Won't happen but.

But they don't need to do that. Minimum wage for the year comes out somewhere around $100-120K, and the salary cap is about $7m (and increasing each year). So you can afford to average about $200K per player, and considering the non-regular senior players, you're probably looking at $250-300K average for your regular senior players.

Apologies if these figures are wrong.

The relevant point is the better than average guys have the choice as to whether they want $300-400K a year, and the opportunity to have great success (& some will get marketing deals, etc.), or whether they want to go to another club that will give them $400-500K and maybe no success.

For the absolute topliners, do you want $500-600K a year, or do you want $700-800K a year.

The players all know there is a salary cap, they know they can only get paid so much, so you can't get absolute top-line money and be in a successful club.

Its a choice between success or money, and you only get a short time at it, you can still set yourself up okay for life after footy. Would you rather play at Geelong this year or Richmond? I'm tipping in 20 years time, the reunion of Cats 2007 players will have a lot more to talk about than Richmond of 2007 (sorry Tigers fans). Money can't buy that!

 

[madcat001]

Re: coasta calling for pay cuts all ready

I'd love it if one or a few of the players 'took one for the team' and said whack me on minimum wage for a year. What a statement that would be. Won't happen but.

you never know, this side is very amazing.

 

[Duskfire]

Re: coasta calling for pay cuts already

I could imagine players such as Scarlett, Milburn, Ling, Bartel and Chapman all taking pay cuts. King would have to you would think - no way would the club give him as much as his previous contract.

 

[D0nk]

Re: coasta calling for pay cuts already

This is where the sponsors come in, there are always ways around the salary cap

 

[kendall_cedric]

Re: coasta calling for pay cuts already

Does anyone think Joel Corey will ask to be traded to a WA club now that he has achieved ultimate success? It would free up a bit of coin for us and we've got a ready made replacement in Joel Selwood.

 

[Brasil2007]

Re: coasta calling for pay cuts already

This is where the sponsors come in, there are always ways around the salary cap

Interstate clubs have done it for years, Vic clubs don't do it as well as a rule but hopefully Cooky knows some tricks.

I reckon this win will be worth another 5000 members, money in the bank.

 

[kendall_cedric]

Re: coasta calling for pay cuts already

I reckon this win will be worth another 5000 members, money in the bank.

Wouldn't it be friggen fantastic if Costa challenged Eddie to see which club could get the most members in 2008. I reckon we'd give those Collingwood ferals a good nudge.

 

[PoidaCat]

Re: coasta calling for pay cuts all ready

can you please show where he said this with evidence.

Still waiting.

 

[rocker_oz33]

Re: coasta calling for pay cuts all ready

Still waiting.

oh sorry about that l said before on channel 10 news frank costa wanting the players to take pay cuts if needed like what bris lions did when they won all the flags

 

[PoidaCat]

Re: coasta calling for pay cuts already

The way it's worded it you'd think Costa was saying "you guys need to take pay cuts" as opposed to "it'd be good if they did to keep the group together".

Either way I understand now

 

[DanA]

Re: coasta calling for pay cuts already

Hopefully they refinance Scarlett's contract so he is on minimum wage for 08 with compensation when he is on the veteran list in 09. He would probably be our highest paid player.

Assuming he is on 600 k a year.

If we make it 100k in 2008 and 1.1M in 2009 that would mean only 100K + 550k counts on the salary cap right?

 

[catpounce]

Re: coasta calling for pay cuts already

We've got a few Geelong boys who i can't really see playing anywhere else. These include Bartel, Lingy, Scarlo. Both the Abletts are unlikely to leave. Corey loves the Geelong Lifestyle as he is able to head to Torquay for a surf regularly. Max Rooke was looked after fantastically by the club so may look to repay them. There's a few who I'd reckon would happily take paycuts to give some other players more deserved money. Who do you reckon the payrises should go to? Stokesy, Johnno (give him a lifetime contract), Egan, Woj, Kelly(dw lose him and in my mind seems to be the most likely to want to leave), Chappy and Blake would be the most deserved IMO.

 

[Ricketts]

Re: coasta calling for pay cuts already

Hopefully they refinance Scarlett's contract so he is on minimum wage for 08 with compensation when he is on the veteran list in 09. He would probably be our highest paid player.

Assuming he is on 600 k a year.

If we make it 100k in 2008 and 1.1M in 2009 that would mean only 100K + 550k counts on the salary cap right?

Yeah that's a very good point Could hurt in 2009 though if 550k is in the cap rather than 300k. That's an extra 250k which is a pretty good first team player when you think about it.

 

[Whispers]

Re: coasta calling for pay cuts already

Does anyone think Joel Corey will ask to be traded to a WA club now that he has achieved ultimate success? It would free up a bit of coin for us and we've got a ready made replacement in Joel Selwood.

Kendall... Corey is quite settled in Geelong now and really, why would he want to return to WA where he'd have to play for either West Coast or Fremantle! He has just won the flag and is in the process of creating a dominate team for the coming years!

I think people under estimate the performances of Joel Corey and the important role he plays in the team. If we lost him it would be a mammoth loss!

 

[Whispers]

Re: coasta calling for pay cuts already

This is where the sponsors come in, there are always ways around the salary cap

Too true. Look at this way, you need money to buy assests and luxaries etc. If the sponser could provide a few of these things then it would compensate for the contract cut. I.E Ford providing a 50k car for the 2nd year players coming out of contract. That might free up 200k - 300k.

Also, with the possibility of the entertainment centre at Point Cook, the players may be given a percentage of the business as a small investment. I trust Brian Cook and the commitee to make the correct choices and there shouldn't be too many that leave in the coming years. Loyalty is a major factor in this...

 

[hoody]

Re: coasta calling for pay cuts already

This is where the sponsors come in, there are always ways around the salary cap

Maybe give Jack Elliott a ring for a few tips.

 

[nananana catman]

Re: coasta calling for pay cuts already

Free Xr6's for all!

 

[Copernicus]

Re: coasta calling for pay cuts already

I saw a quote from the Skipper saying he'd take a pay cut if he had to, but all I've heard from the prez and Cook is that the salary cap pressure wont hit until 2009, when a lot more contracts are up for renewal. So I'd say we'll know a bit more in a year's time regarding that sort of thing.

 

[Asty]

Re: coasta calling for pay cuts already

http://news.realfooty.com.au/cats-talk-pay-cuts-as-they-look-forward/20075601-11y0.html

Cats talk pay cuts as they look forward

October 1, 2007 - 7:31PM

Amid their AFL premiership celebrations, Geelong are already thinking about player pay cuts as they aim for a dynasty.
One of the most dominant seasons in the game's history is certain to bring salary cap pressure.
President Frank Costa pointed to the willingness of Brisbane Lions players to modify their salaries to ensure the team stayed together during their 2001-03 three-peat.
"Those players decided to stay together, perhaps to create something very special - which they did," Costa told Channel 10.
"While they took a bit of a salary cut, they still got very well paid and that's what I think our guys are facing right now."
Ruckmen Steven King and Mark Blake are out of contract and Geelong had a record nine All-Australian selections, meaning bonuses for those players.
The Cats are placed perfectly for sustained on-field success - Darren Milburn is the oldest player at 30.
They also have a number in their early to mid-20s who have played around 100 games each.
Captain Tom Harley told SEN he was certainly receptive to taking a pay cut if it meant keeping the team together.
"I was talking to Brad Ottens after the game and he obviously left Richmond and he loved his time at Richmond, but he would play for five bucks next year," Harley said.
"The feelings that we've had, if you want to sacrifice that for money, you're absolutely kidding yourself.
"There's more to life, life is about experiences and enjoyment and you only have to be in this room right (with his team-mates) now to appreciate that."
Geelong held their "Mad Monday" fun and the club will celebrate hard before going over contracts from next week.
The other obvious matter needing immediate attention is a new deal for coach Mark Thompson.
With no salary cap restrictions there, the Cats are ready to reward him for outstanding work.
Thompson was furious this time last year with how a wide-ranging review of the club panned out, amid strong speculation his future was in doubt.
Now he will enter his eighth season as coach as the hero of Geelong, the man who engineered the breaking of the club's 44-year premiership drought.
"We'll have to sit down and negotiate fair and square and I would say he's earnt the right to negotiate upwards too," Costa told SEN.
"That will all be done in due course, we won't talk about it this week though."