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Payne Haas requests immediate release.
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Originally posted by HDTONE View PostPersonally I don't want a bloke thats got no passion but chasing the dollar, $750k is a decent amount and the club has helped him out a heap....off field as well.
Year 1 = $250k (+ IOU $250k)
Year 2 = $500k
Year 3 = $750k = $500k + $250k owed from year 1
Back to Haas. The money he is on now includes money owed from previous years. He is on closer to $600k.
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Just got off the phone to Paine... told me it's all a media beat-up.
He's currently in negotiations with Brissy about his 2024+ options and wants to milk every dollar he can outta those farkers, so his manager's told the media that he's off to the Roosters (strategically while they're in the top-8 and he's in form).
IMO his marketing strategy is unique and intelligent. Who woulda thunk about spreading rumours that you're going to Easts in order strongarm Brissy? Genius!
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Originally posted by dice View Post
It seems very few people understand how back-ended contracts works. Let's say a club offers $500k per year over three years, but due to salary cap issues they will pay $250k in the first year and make up for it with $750k in the last year:
Year 1 = $250k (+ IOU $250k)
Year 2 = $500k
Year 3 = $750k = $500k + $250k owed from year 1
Back to Haas. The money he is on now includes money owed from previous years. He is on closer to $600k.
The NRL generally looks upon such contracts unfavourably (and will refuse to accept them) as you end up with clubs promising people big cash in future seasons, then vomiting at the prospect of paying them overs when they're on the outer (while simultaneously no other club's gonna touch 'em because they're over-valued).
While some modern contracts are back-end loaded, these will most likely involve gradual promotions rather than the dole for 4 years and the promise of a lottery jackpot for the 5th. Guys like Ponga, DCE, Teddy, GI, Burgess...etc aren't back-end loaded... they are/were on $1m a year as a flat-rate. I'd say Haas is most likely on this sort of a deal... not a 90's / early 2000's style contract that clubs like the Tigpies / Bullwogz / Eels used as they were short on immediate salary cap space.Last edited by ism22; 05-27-2022, 12:14 PM.
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Originally posted by ism22 View Post
Bro this isn't the 90's and you're not 'owed [money] from year 1' in back-ended contracts. Rather, you're paid jack shyte in the first year, with the promise of big $$$ in your final year. If you're sacked for misconduct before your final year then such shyte... you're not 'owed' anything.
The NRL generally looks upon such contracts unfavourably (and will refuse to accept them) as you end up with clubs promising people big cash in future seasons, then vomiting at the prospect of paying them overs when they're on the outer (while simultaneously no other club's gonna touch 'em because they're over-valued).
While some modern contracts are back-end loaded, these will most likely involve gradual promotions rather than the dole for 4 years and the promise of a lottery jackpot for the 5th. Guys like Ponga, DCE, Teddy, GI, Burgess...etc aren't back-end loaded... they are/were on $1m a year as a flat-rate. I'd say Haas is most likely on this sort of a deal... not a 90's / early 2000's style contract that clubs like the Tigpies / Bullwogz / Eels used as they were short on immediate salary cap space.
And I would agree with you that under normal circumstances if don't honour the entirety of the contract then too bad. Except, that in this instance the agent is being taken to court for not representing the player's best interests. If Haas wins the court case, the contract will be null and void and he will probably pursuit the back-ended money plus more.
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Originally posted by zac View Postrobbo just confirmed that we're after him in today's presser
Sydney Roosters NRL coach Trent Robinson furious over rumoured link to Payne Haas - ABC News"Do you expect me to talk"? "No, Mr. Bond, I expect you to die".
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Originally posted by ism22 View Post
Nick said 'I would sign him' today.
https://www.9news.com.au/national/a-...c-765e1ed22882
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No No No No to Haas- Not sure why people are wanting him - 1 million bucks for a prop - no way- Just adding fuel to a fire which has been extinguished.Last edited by King Salvo; 05-27-2022, 11:05 PM.
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