The war chest?

[OzJohnnie]

Isn't that what James Hird said??

So in other words, you have nothing to offer but you're confident something might happen. Good for you.

For your benefit and the benefit of others that may not know, I'll explain what "Buddy money" means. It refers to a salary cap bubble that we believe the players and club have been maintaining ever since Buddy left which gives us some free agency flexibility.

Around the time Buddy left there were a couple contract renegotiations, Hodge comes to mind, where the article on it intimated that the club and player were changing payment structures. Essentially pulling players payments forward and front-ending contracts into the bubble that Buddy's departure created.

This, it is hypothesised, kept player payments at 100% or so of cap in the current year while leaving future years at 90% or so (near the minimum) allowing for us to bring in free agents. When we didn't bring in free agents or didn't fill the bubble then you saw a few early resignings and extensions, presumably filling the remainder and creating future bubbles. Gunston and Cyril come to mind.

So we had Sam and Jordan leave last year, high paid players that presumably left a little more bubble, and then there were some quiet extensions and renegotiations that happened thereafter (and before contracts finished up) like BB and Bruest.

So Buddy money doesn't refer to money specifically from that transaction but instead the theory that they club made lemonade from that lemon and created a player payment structure that maintains future salary cap space while at the same time managing to pay superstars a competitive salary over the course of their contract, if not in every specific season.

The appeal of this structure, if it in fact exists, is that front loaded contracts are pretty much the opposite approach from every other club. It's put some us, particularly with the additional cba bubble, in a great position for FA poaching should there be good targets. As we don't have the draft, the FA enablement is our key to rebuilding.

And that's the Buddy money story.

 

[Gene Simmons]

Buddy left four years ago. We have won two flags since then, so many of our players have earned substantial rewards. So this "Buddy Money" theory is well past it's use-by date.

If you have real inside info, then please... tell us the details.
Otherwise, stop pretending you know something.

I tend to agree.. Since Buddy left we have acquired Frawley, T.Mitchell, JOM and dare I say Vickery + general increase in players salaries + contract extensions to a raft of young stars over the last couple of years, I think this so called "BuddyMoney" is well and truly evaporated.

I know we have since lost Sammy, Lewis, Hodge, Gibson and that potentially frees up a 'war chest'.... As all these players were presumably on the veterans list, only half their salary was counted towards our salary cap so doesn't exactly free up $1mill+ to throw at a marquee player...

 

[MrPremiership]

Maybe its not a war chest, but perhaps a war box....slightly smaller version

 

[Hawker_85]

Im a socialist when it comes to team sports with salary caps

Someone fire up the helicopter.

 

[Hawk Dork]

Someone fire up the helicopter.

Hudson to FF ?

 

[Thaihawk]

If you were the CEO of a listed company everyone would know. High value salaries are a material risk to a business and so dosclosure is a regulatory requirement. Given the importance of prudent salary cap management I do find it strange that there is such opposition disclosing player wages. Members can't make an informed decision on the board if they don't have the key information. This is part of the reason you end up with clubs which dwell in ineptitude for decades at a time.

IMO this is what separates aFL from high end public company, and because for its transparency, I believe the AFL are afraid to release these figures. They themselves have too much to hide.

 

[Hawker_85]

Hudson to FF ?

 

[derp de derp]

I was of the understanding that the Buddy money bubble has been used to front end contracts for players we bring in allowing us to pay market value for the remaining of their contracts allowing us to always have the ability to recruit via trade or FA


Sent from my iPhone using Tapatalk

 

[Books]

For your benefit and the benefit of others that may not know, I'll explain what "Buddy money" means. It refers to a salary cap bubble that we believe the players and club have been maintaining ever since Buddy left which gives us some free agency flexibility.

Around the time Buddy left there were a couple contract renegotiations, Hodge comes to mind, where the article on it intimated that the club and player were changing payment structures. Essentially pulling players payments forward and front-ending contracts into the bubble that Buddy's departure created.

This, it is hypothesised, kept player payments at 100% or so of cap in the current year while leaving future years at 90% or so (near the minimum) allowing for us to bring in free agents. When we didn't bring in free agents or didn't fill the bubble then you saw a few early resignings and extensions, presumably filling the remainder and creating future bubbles. Gunston and Cyril come to mind.

So we had Sam and Jordan leave last year, high paid players that presumably left a little more bubble, and then there were some quiet extensions and renegotiations that happened thereafter (and before contracts finished up) like BB and Bruest.

So Buddy money doesn't refer to money specifically from that transaction but instead the theory that they club made lemonade from that lemon and created a player payment structure that maintains future salary cap space while at the same time managing to pay superstars a competitive salary over the course of their contract, if not in every specific season.

The appeal of this structure, if it in fact exists, is that front loaded contracts are pretty much the opposite approach from every other club. It's put some us, particularly with the additional cba bubble, in a great position for FA poaching should there be good targets. As we don't have the draft, the FA enablement is our key to rebuilding.

And that's the Buddy money story.

Thank you for the articulate explanation and yes, I think we all know what the term "Buddy Money" refers to. It might more accurately be called the "Lewis Money" right now, but I share your belief that the club will be proactive in making the best of every situation.

The point of my comment was to question the poster who mentioned the "Buddy money" as if it were some kind of evidence or guarantee we would land another star recruit. Since Buddy left, we have signed McEvoy and Frawley, then TOM and JOM and even Vickery. Plus, Gunston, Bruest, Sicily and others have signed newer contracts and it safe to expect some of them would be earning more now than in 2013.

If we were paying under the salary cap in 2015, I would be very surprised, and our premiership players would be rightfully aggrieved. How long can we keep trotting out the same line about "Buddy money"?

My real point was, and is - if the poster has some inside info of what may happen then tell us. If not, stop mentioning Buddy money like it some kind of secret code that guarantees some wonderful windfall.

 

[Davo23]

Hudson to FF ?

Jesus Christ!

 

[Yardie]

Jesus Christ!

We moved him to CHF

 

[Bumps"N"Grins]

Jesus Christ!

We moved him to CHF

That one never gets old.

 

[Dewnior]

What's your story, mate?

Don't we already have a thread for that Eldo?

https://www.bigfooty.com/forum/threads/new-posters-introduce-yourselves-here.880350/

 

[Dewnior]

I know we have since lost Sammy, Lewis, Hodge, Gibson and that potentially frees up a 'war chest'.... As all these players were presumably on the veterans list, only half their salary was counted towards our salary cap so doesn't exactly free up $1mill+ to throw at a marquee player...

The veterans list rules changed a few years ago after all of Geelol's vets had retired (f&$k you AFL). Around $180k per vet is now outsode the cap (for a limited number of vets or four I think)

 

[Gene Simmons]

The veterans list rules changed a few years ago after all of Geelol's vets had retired (f&$k you AFL). Around $180k per vet is now outsode the cap (for a limited number of vets or four I think)

Cheers I never knew about those changes

 

[IdiotBox]

Maybe its not a war chest, but perhaps a war box....slightly smaller version

Where's the photo of this???!!

 

[William Wonka]

Maybe its not a war chest, but perhaps a war box....slightly smaller version

Where's the photo of this???!!

Closest I could find

 

[LuckyHawk]

Has anyone got an even slight idea of unused cap money we have to deal with in the off season?

 

[HODGEYROAD]

Has anyone got an even slight idea of unused cap money we have to deal with in the off season?

Its all guess work basically, as the AFL don't publicise salaries.

 

[Hawker_85]

Closest I could find
View attachment 415745

I didn't know that Charles was para qualified.

 

[Brant]

I didn't know that Charles was para qualified.

Hahaha

That's exactly what I thought when I saw the pic!

 

[Books]

I didn't know that Charles was para qualified.

I didn't think Charles was qualified for anything!

 

[eldorado]

Yeah, he did the whole royal/noble military training thing for years in his younger day...I seem to recall him specialising in helicopter squadrons, but also naval service...

 

[grumbleguts]

Yeah, he did the whole royal/noble military training thing for years in his younger day...I seem to recall him specialising in helicopter squadrons, but also naval service...

I met him on his ship the HMS Jupiter in 1974 or 1975. It docked in Nuku'alofa Tonga where I grew up and our class got to board it for an excursion. I asked my teacher if I could go to the toilet and the officer acting as our guide directed me to the toilets. I was 9 and I got lost. Finally I found the toilets but couldn't find my way back to the class. I turned a corner and here was Chucky with some other officers talking. He saw me and said "What have we here. Has a young cub been sparated from his pack? We can't have that" He walked me back to my class and showed me a couple of parts of the ship along the way that i wouldn't have seen otherwise. My teacher who was a huge fan, almost swooned when he passed me on to her. All she could talk about on the way back to school was my meeting him and asked me a thousand questions.

Edit: Just did a quick search, charles was only on the Jupiter from January 1974 to later that year, so it had to be 1974.

 

[Brant]

Yeah, he did the whole royal/noble military training thing for years in his younger day...I seem to recall him specialising in helicopter squadrons, but also naval service...

Papa was a naval man, right?