Former #2 Big Sammy Draper

[SillyBilly]

Yep. Now its all about manoeuvring. Meek has mastered it and forced Reeves to VFL.

[Walla]

Averaging for various classes of special professionals (eg sports persons) does not apply to regular earnings such as wages.

It is designed to smooth out income across tax years for income like winnings, prize money, etc. - think a tennis player or golfer as an example.

[Walla]

@Clone_Hirdy

There are 22 home and away games per season

Actually 23

[Walla]

@dingus

nobody over 15 on our list will be part of our next flag.

Fixed

[jonovdp]

@darkknightpheonix

so you’re essentially implying that rosa should be just like dodo ??

So you honestly believe there is 2 methods of List management.

1. Be a complete walk over.

or

2. Be an arrogant ■■■■ who believes they own the club and listens to nobody.

I think we can be abit more intelligent than this.

[jamesm]

Are you sure it doesn’t apply to wages? If the wages are for the special professional income then my understanding is that it does

[Timryuken]

Without knowing exactly how the rules apply, you only need to be over $190k to be at the top rate, so averaging would be a moot point for the vast majority of players I’d imagine.

[jamesm]

It only really works well in year 1 when income is over 100k but not too high. You still have to pay Medicare levy and HELP repayments. Doesn’t work at all if you have non income averaging income combined with your normal income averaging income (eg sports and non sports). For afl players who are first year it would work really well as I think they get $155k?

[SillyBilly]

@jonovdp

think we can be abit more intelligent than this.

Do you know who we are?

[Walla]

S.405-30(1) ITAA97 - a taxpayer is not classified as a special professional (ie those able to average income) purely by engaging in a profession listed as being eligible for averaging if there is a substantial continuity in the rendering of those services by the taxpayer to another person”.

Wages over a contract of employment are on going and hence a substantial continuity.

[Timryuken]

Most likely, but playing the long game and elevating offers might be a strategy to get us to lift our offer, who knows. Theres no rush.

[sausageroll]

Band 1 this draft isn’t that great.

losing a free agent in a weak draft sucks.

[Duplicity]

It’s the Essendon way, have multiple first rounders and/or have free agents leave in “weak draft” years

[willie_dick]

According to The club he is. Losing him is not part of the strategy but looks we are a very good chance to lose him.

[nickers]

@CJohns

He wants to stay but its his biggest contract of his life to consider. We wont go up. He may get $500k more over 5 years at Lions. Decision will be made on his life with his partner and setting himself up for future while enjoying his footy. If we matched Lions bid (5 years gauranteed with $100k more) i suspect decision would have been made already and he is a Bomber. Thats how it works

Surely if we match, he stays.

Given we’ll have like 3M spare in the cap and have already front-ended all our big contracts (which we’d do with Draper as well), I’d happily give an extra 100K/year if means keeping him vs getting an end of first round compo pick.

WCE will get a pick for Allen (probably a priority pick as well) FC will get one for TDK, and after all the NGA & F/S bids we’ll end up with pick 30-odd for Draper, in a draft that’s weak in depth.

So I say we match the offer so he either stays, or Bris counters with something that lands us band one compo.

We can probably trade Bryan for a mid-2nd rounder this year anyway, given clubs will know how far it’ll push out. Use that with one of our other 2nd rounders to trade up the order.

[jamesm]

Here is 405-30 (1) pasted

NCOME TAX ASSESSMENT ACT 1997 - SECT 405.30

What you cannot count as assessable professional income
Assessable income from continuous service as author or inventor

(1) You cannot count as * assessable professional income any assessable income you * derive for meeting your obligations under a * scheme to provide services to another person by engaging in activities as the author of a literary, dramatic, musical or artistic work, or as the inventor of an invention, unless

It’s not related to sports it’s related the things listed above. My understanding is that’s applied to authors etc as it says above? You do this work same as me yeah?

[daf]

It’s pretty obvious what’s going on here.

It’s exactly what North did with McKay. Of course we would like to keep him but value pick 5 more. Should we lose the rest of our games we’ll ensure our offer it enough to reach band 1.

[SillyBilly]

@nickers

Surely if we match, he stays.

Or we match and he says:

“Thanks but Brisbane/Adelaide are closer to a flag and have a better medical/High performance department.

[Go_Team_2.0]

Just because we have space, it’s not a reason alone to match. If club feel he’s a risk committing further $ then let him go. We have cap flexibility now but there’s a time we won’t and the more over pays we do in the meantime brings that time closer. It’s really hard / impossible as an outsider to make a call on that sort of stuff though because we have no idea on our overall cap situation.

[stir_fried_ewok]

@Walla

substantial continuity in the rendering of those services

throwing in the towel at 3/4 time = pay less tax.

so the ATO were all over the Ds last week.