News Question over Selwood third-party payments

[FredLeDeux]

Was this really the case though? Whilst I haven't seen the ruling itself, I was under the impression that it was getting knocked back because the money was coming from someone closely associated with the club, rather than the value of the work. Same situation with Judd and Visy. And if it was purely a value thing, what was the AFL's estimate of a reasonable value? And why shouldn't the reasonable value amount be excluded from the cap?

No, it had to be submitted for assessment because of the association between the club and Costa.
If there had been no connection, and the club hadn't organised it, then it would not have to be submitted.
If there is a connection, then it has to be shown to be a fair dinkum commercial proposition.
As to what value was considered fair value, I don't know; but that part is excluded from the salary cap.

Not after this year - he will be $$$ worse off going forward. Unless you are referring to Joe Sellwood, for whom the money wont be much good considering he died a couple of years ago.

First, it is always a matter of opinion, but in my view Joe had just about had his day.
Joel's nett 2013 payments remain unchanged. The AFL's ruling in no way affects the validity of the Costa-Sellwood contract; it simply says some or all of the payments are to considered as part of the GFC salary cap under AFL Rules.
If you are talking about Joel's payments next year (2014), that will be a matter between him, GFC and Costa. I would assume that Joel's nett return will increase rather than reduce at his next club contract review, whenever that is; who pays the increase is irrelevant.

 

[footscore]

who cares!
Selwood is filthy rich as it is let alone what he'll be making after he retires, as long as he takes his game to a another level this season...I think that's all I really care about.

 

[CharacterFirst]

Frank will just say to him - "I'll leave ya 1/2 a mill in the will young fella".

Surely they are all doing this sort of thing? "Wait till you retire and we will look after you well".

 

[muttonchops]

I'll chip in if nesessary. Bloody hell he can have my first born if he wants. Add a $2 surcharge to all memberships theres a lazy 80k for the great man, i am sure we would all happily do that. In saying that i am sure Joel couldnt give a toss about the extra dollars, unike some other people who have left the club.

 

[MC Extra Dollop]

Surely they are all doing this sort of thing? "Wait till you retire and we will look after you well".

This is the thing for me. It sucks for Selwood, but, as long as everyone is on a level playing field after the existing deals are stopped, it shouldn't affect our ability to keep him in our colours.