Latrell (officially signs with Souths 13/1/20)

[Sonny83]

Market value is in the eye of the beholder, in this case clubs.

 

[Wily Ole Dog]

Hope GI is fit to go late next season after a refresh of mind and body

 

[Spot On]

Hope GI is fit to go late next season after a refresh of mind and body

Last time that happened he went DYU dude.

Todd can't keep writing character references for repeat offenders.

 

[Different kind of Rabbit]

How many merkins here own a house in Sydney? The market values that house at a ridiculously inflated price. That is what people are willing to pay for that house. That is market value.

Not necessarily...

I have a work colleague who went through a divorce recently. Her and her ex husband had two houses and they decided to keep one each and split the difference on the average valuations. They had three valuers come out and give valuations on each of the two houses. On one of the houses, the difference between high and low was something like $150k.

Besides, plenty of people have bought a house at Auction only to find that their pre-approved finance gets knocked back because the bank doesn't value their house at anywhere near what the buyer has paid for it.

So... Back to your original analogy... A house in Sydney is worth whatever someone is willing to pay as long as they have that money up front and this is pretty rare.

If you're financing the place then it's worth whatever the bank decides they're happy to lend you for it.

 

[nick87]

So Souths are allowed to medically clear Sam Burgess from their salary cap, under extremely dubious circumstances which is basically tantamount to NRL endorsed salary cap cheating, and with the free salary cap space, they've been allowed to sign one of the best young players in the game on a deal well below what other clubs were offering (ie. his market) but the Raiders cant sign Jordan Rapana, a 30 year old, injury prone winger, to a mutually agreeable deal IF he finishes up his Japanese Rugby season fit and healthy and willing to play because it might not be market value... not that they'd know since they've already rejected it without even know what the Raiders offer would be, or what other clubs are willing to offer


hmmmmmmmmmmmmmmmmmmmm..........

 

[nick87]

And why are Souths being allowed to pay under market value for Latrell Mitchell when Parramatta were denied the chance to sign Isreal Folau because the structure of their deal would have paid him under market?

hmmmmmmmmmmmmmmmmmmmm..........

 

[myrrh ken]

The trouble with all this market value is Tigers and Roosters pulled their offers, so can you really take them into account? He had to get whatever he could because he was left with nothing else supposedly

What do you say his market value is?

 

[The Rosco]

Yes, it’s a moronic contention from those pushing it.

Latrell has got his market value from a legitimate source

Dear me. Are you intentionally sounding stupid, or is that as good as it gets for you ?
Market value is basically the price that the market will pay. If someone wants to pay massive overs . . . at the time of the massive overs purchase . . THAT IS THE MARKET VALUE.
If you want to pay 50% less than the highest offer, market value is the highest offer, not yours.
In the case of houses and valuations . . . there is a world of difference between the word " valuation" and "market value". I value your lean to @ $1000. The rich bloke from the next town desperately wants to move into your neighbourhood and is prepared to pay $2000.
Can you work out which price is market value ?
It's ironic that you use words like moronic.

 

[The Rosco]

View attachment 35381

. . . That's my new boat over there.

 

[Wily Ole Dog]

The trouble with all this market value is Tigers and Roosters pulled their offers, so can you really take them into account? He had to get whatever he could because he was left with nothing else supposedly

What do you say his market value is?

Exactly Ken.
Our reported offer was initially 400k. Maybe that was true market value .
We ended up paying a lot more than that.

Nick 87, what other offers did Mitchell get?

 

[Wily Ole Dog]

Dear me. Are you intentionally sounding stupid, or is that as good as it gets for you ?
Market value is basically the price that the market will pay. If someone wants to pay massive overs . . . at the time of the massive overs purchase . . THAT IS THE MARKET VALUE.
If you want to pay 50% less than the highest offer, market value is the highest offer, not yours.
In the case of houses and valuations . . . there is a world of difference between the word " valuation" and "market value". I value your lean to @ $1000. The rich bloke from the next town desperately wants to move into your neighbourhood and is prepared to pay $2000.
Can you work out which price is market value ?
It's ironic that you use words like moronic.

market value does not include one moronic, unrealistic offer. Eg, west’s offer

 

[Wily Ole Dog]

. . . That's my new boat over there.

Glad you raised the boat issue Rosco.

maybe now we can discuss other dodgy deals by all you other clubs.

IF you perceive this Mitchell deal as dodgy, be an agile an self evaluate your own past deals

I know you won’t as it’s clearly easier for an “educated” person like yourself just to call others “stupid”

 

[The Rosco]

Glad you raised the boat issue Rosco.

maybe now we can discuss other dodgy deals by all you other clubs.

IF you perceive this Mitchell deal as dodgy, be an agile an self evaluate your own past deals

I know you won’t as it’s clearly easier for an “educated” person like yourself just to call others “stupid”

Umm, how do I put this without sounding condescending . . . .
The merkin pointing at his boat is GI. You know, Mr Sore Knee and anguish issues. Nothing to do with Mitchell.
One more time . . . Boat issue . . . photo of GI pointing at something . . . "that's my new boat over there"
Now, on to your " be an agile an self evaluate your own past deals"
Could we please see that in English ?

 

[THE CHAMP]

The trouble with all this market value is Tigers and Roosters pulled their offers, so can you really take them into account? He had to get whatever he could because he was left with nothing else supposedly

What do you say his market value is?

It depends on which club you ask.

For example if it was the storm the answer would be $400000 on contract A and $450000 on contract B

 

[adamkungl]

So Souths are allowed to medically clear Sam Burgess from their salary cap, under extremely dubious circumstances which is basically tantamount to NRL endorsed salary cap cheating, and with the free salary cap space, they've been allowed to sign one of the best young players in the game on a deal well below what other clubs were offering (ie. his market) but the Raiders cant sign Jordan Rapana, a 30 year old, injury prone winger, to a mutually agreeable deal IF he finishes up his Japanese Rugby season fit and healthy and willing to play because it might not be market value... not that they'd know since they've already rejected it without even know what the Raiders offer would be, or what other clubs are willing to offer


hmmmmmmmmmmmmmmmmmmmm..........

The NRL sticking their nose into this market value shit was always going to end up like this.
If Israel Folau wanted to play for Parra for a pie and a coke back when, good on him.

If the deal is suss, f**king prove it. Enforcing made up on the spot limits was always going to be a complete mess.

Re: market value. Everyone knows that playing for some clubs has value, both financial and other, outside of base contract number. So market value is already a flimsy concept that can't be simply tied to the highest bidder. How much value? How long is a piece of string? This is a stupid concept, typical NRL.

 

[Cactus]

Now, on to your " be an agile an self evaluate your own past deals"
Could we please see that in English ?

I wonder if that's a market "self evaluate"

 

[sensesmaybenumbed]

market value does not include one moronic, unrealistic offer. Eg, west’s offer

So let me get this straight.

If you were selling something and one person offered you $400 and someone else offered you $950 you'd shortchange yourself?

 

[Mr Spock!]

Market value is basically the price that the market will pay.
/QUOTE]

That's not how the nrl determines market value.

 

[Mr Spock!]

We do not pretend to be the peoples club, sticking up for the little bloke.

Never pretended that once.

You lied then sold out.

We are still a club, look it up.

Should have merged with Saints......pfft the peoples sell outs.

Did you march in the street so rich men own you...

We are still a club, look it up.

Not suprised you live in denial. Your entire entity, sold out.

F**k off.

You've already sold yourself out once to Murdoch and bent over and took his cash and you should've been shown the door when Wests and Newtown were in the same situation as you at the same time.

How many times have the sharks been bailed out?

Its really funny hearing sharks fans talking about other clubs selling out.

They are the ultimate rugby league whore.

 

[myrrh ken]

Market value has to be applied using a reasonable range

Bottom 8 clubs gotta spend more than top 8 clubs to attract talent. Other factors would be location, displacement from family etc.

I would say his value is between 750K and 900K