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Formula is whatever Steve Hocking deems to be in Geelong's best interest, and what enhances their chances of winning the flag.The AFL say they have a highly complex compensation algorithm that calculates what teams get for losing players. They have denied just making things up as they please.
Now that we know there is due process in place, does anyone know or can anyone guess what this highly complex formula is?

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Whatever riles up opposition fans and gets them all sooky seems to be the formula.
Geelong playing finals at the G was the recipe for the greatest dynasty of the modern era. Not sure what it has to do with free agency compensation though...Didn't know Geelong having to play finals at the G was the formula.

It was revealed that the AFL adds all the base and additional services agreement (ASA) payments of players aged 25 or older, of whom there are about 270, to determine where the free agent's new contract sits.
AFL.com.au understands that if a free agent's new contract puts them in the top five per cent of that group at the time the free agency offer is lodged, then their former club is eligible to receive a first-round compensation pick.
The AFL also explained that if a player's contract offer ranked in the next 10 per cent band then he would command compensation at the end of the first round, the next 15 per cent earned a second-round pick and the next 20 per cent earned a pick at the end of the second round.
How did the cats playing finals at the G help hawthorn be the greatest modern dynasty?Geelong playing finals at the G was the recipe for the greatest dynasty of the modern era. Not sure what it has to do with free agency compensation though...![]()
LOL when have the AFL ever hired experts for anything.Quote from AFL material "In applying the formula, an expert committee reviews the formula outcomes. The committee has the power to recommend alternative outcomes to GM – Football Operations where the formula produces a materially anomalous result."
http://www.afl.com.au/news/2015-10-...-to-earn-firstround-free-agency-compensation-
Anyone having any info that contradicts this? If not, why complain?
100% spot on.It's the same algorithm they use for nearly everything they do - first they decide the outcome they want, then they work backwards to invent a rationale to get there.