Slugs
Guest
- Messages
- 876
If a Club is getting close to the cap, about time for some 3rd party contracts to come into play, so that players "play with ****** for less money because they want to play with a winning team, they respect the coach and they know they will further their rep careers"...... and they get a free car from a non club sponsor of course and a unit from a non club sponsor of course and a paper bag full of money from a non club sponsor of course....... and then you can afford to walk away from a $250000 contract and take up a $60000 one
Take this hypothetical example, say your club has a connection with a person who owns a car dealership that sponsors your club, now if you give a player a car from that dealership it comes under the salary cap, but if you just happen to transfer a car or two to another dealership not connected with the club for a minimum price as they are demonstrators and that dealership decides to give the player a car as a third party sponsor then that deal has no problems and the player is happy as he has $50000 contract and a $70000 car. The dealer is happy as he gets his money "back" by selling the other car and the club sponsor is able to wipe off a lot of the deal as a tax loss, not that the money, that amount is a real worry to him anyway. All legal under the cap and anyway the salary cap auditors have no power to check any dealing between the two parties doing the deal with the cars as that has nothing to do with the salary cap, business people do deals to suit themselves. You only get into trouble if you try to set up your own dodgy companies to cover the money trail.
Take this hypothetical example, say your club has a connection with a person who owns a car dealership that sponsors your club, now if you give a player a car from that dealership it comes under the salary cap, but if you just happen to transfer a car or two to another dealership not connected with the club for a minimum price as they are demonstrators and that dealership decides to give the player a car as a third party sponsor then that deal has no problems and the player is happy as he has $50000 contract and a $70000 car. The dealer is happy as he gets his money "back" by selling the other car and the club sponsor is able to wipe off a lot of the deal as a tax loss, not that the money, that amount is a real worry to him anyway. All legal under the cap and anyway the salary cap auditors have no power to check any dealing between the two parties doing the deal with the cars as that has nothing to do with the salary cap, business people do deals to suit themselves. You only get into trouble if you try to set up your own dodgy companies to cover the money trail.