TheRam
Coach
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- 13,889
It's not the size of the sample, it's how you use it. But if you've got a bigger sample let's see it.
Wouldn't you though.
It's not the size of the sample, it's how you use it. But if you've got a bigger sample let's see it.
Wasn’t that my point about cost of living being no different? And market to market the upside in Brisbane is well below Sydney, especially someone with huge disposable income, buying a home, in a downturn with potential 5 year at least view. Or did you mean the potential downside for a loss making sale is less in Brisbane?So, at best in that circumstance the difference b/w cities is zero. In the long run you (or your beneficiaries) sell. The upside is bigger in Brisbane.
There is a point that the NRL is openly experienced at being inconsistent . We are told ad nauseum that the cap evens players out, so when Folau was denied being registered as the first year of the contract was below market rate, then we read that every Bronco and Roosters player that is off contract re signs for considerably less than offered elsewhere. That makes no sense , but then again the game is overseen by Toddy Boy.I thought the NRL won't register a contract if you are, including the new contract, going to be over the salary cap. You must be in accordance of the cap when registering every contract. That way they head off previous stuf ups.
On Fifita signing for say 600k and staying put , vs. say 800k and moving I don't think it all that controversial. Personally if I was happy where I was earning 600k, a coupla hundred k to uproot and leave mightn't be all that attractive. Particularly for a bloke who's at the beginning of his career with loads of potential for high earnings for years to come, I mean how much money does the kid need to be happy?
It's all relative, if he was being offered the minimum of $110k to stay, he'd probably really consider moving for a helluva lot less than the above difference, because it would make a helluva lot more difference to his life.
It’s a couple hundred k per season, not
Over the term of the contract. Its a huge amount.
One of the reasons professional sport people get big bucks is that it is recognised that their ability to earn those big bucks isn't forever and lets be serious, most of these guys aren't brilliant academically (I am not saying Fifita, just generalising) so their earning capacity beyond football isn't necessarily going to be too much higher than the average Australian wage.Yes it is, but again relatively speaking it's not the be all and end all.
The guys still a kid, and he'll be earning north of half a million a year for the next four or five years regardless of where he signs. Now everyone's got different priorities, but you gotta ask yourself how much is enough to make you happy?
Like I said, if he was looking at a minimum contract vs say another 30 or 40k on top of that, it'd be a different kind of decision, because that's hardly the kind of coin that's gonna set him up for life, but half a million plus is a whole different kettle of fish.
I'm just offering up that for most people there's a point where enough is enough when it comes to earnings, and then other considerations become more important, and the more you earn to begin with, the more you have the luxury of placing those considerations above and beyond your potential earnings.
Yes it is, but again relatively speaking it's not the be all and end all.
The guys still a kid, and he'll be earning north of half a million a year for the next four or five years regardless of where he signs. Now everyone's got different priorities, but you gotta ask yourself how much is enough to make you happy?
Like I said, if he was looking at a minimum contract vs say another 30 or 40k on top of that, it'd be a different kind of decision, because that's hardly the kind of coin that's gonna set him up for life, but half a million plus is a whole different kettle of fish.
I'm just offering up that for most people there's a point where enough is enough when it comes to earnings, and then other considerations become more important, and the more you earn to begin with, the more you have the luxury of placing those considerations above and beyond your potential earnings.
You're thinking long term because your older and probably lament some of the decisions you've made that have cost you big time. Young people like Fifita generally don't think that way, they live more for today and don't think about tomorrow. So he'll probably stay for less.One of the reasons professional sport people get big bucks is that it is recognised that their ability to earn those big bucks isn't forever and lets be serious, most of these guys aren't brilliant academically (I am not saying Fifita, just generalising) so their earning capacity beyond football isn't necessarily going to be too much higher than the average Australian wage.
If someone earns the average Australian wage for a 40 year working career, they will likely earn in the vicinity of $6.5m over that time. If Fifita was to take an $800k contract now, and play for 10 years at the top before spending 30 years earning the average wage, he would earn somewhere north of $14M over 40 years. If he took $600k contract for the next 4 years, that is about $1M less he would have.
That extra million is extra security for his family and his future (actually worth more than $1M if he invests it wisely as he is earning it at the beginning of his working life, not at the end).
I would be taking the extra cash now.
Yes it is, but again relatively speaking it's not the be all and end all.
The guys still a kid, and he'll be earning north of half a million a year for the next four or five years regardless of where he signs. Now everyone's got different priorities, but you gotta ask yourself how much is enough to make you happy?
Like I said, if he was looking at a minimum contract vs say another 30 or 40k on top of that, it'd be a different kind of decision, because that's hardly the kind of coin that's gonna set him up for life, but half a million plus is a whole different kettle of fish.
I'm just offering up that for most people there's a point where enough is enough when it comes to earnings, and then other considerations become more important, and the more you earn to begin with, the more you have the luxury of placing those considerations above and beyond your potential earnings.
One of the reasons professional sport people get big bucks is that it is recognised that their ability to earn those big bucks isn't forever and lets be serious, most of these guys aren't brilliant academically (I am not saying Fifita, just generalising) so their earning capacity beyond football isn't necessarily going to be too much higher than the average Australian wage.
If someone earns the average Australian wage for a 40 year working career, they will likely earn in the vicinity of $6.5m over that time. If Fifita was to take an $800k contract now, and play for 10 years at the top before spending 30 years earning the average wage, he would earn somewhere north of $14M over 40 years. If he took $600k contract for the next 4 years, that is about $1M less he would have.
That extra million is extra security for his family and his future (actually worth more than $1M if he invests it wisely as he is earning it at the beginning of his working life, not at the end).
I would be taking the extra cash now.
Now Boyd might take a pay cut, but he aint about to completely walk away from $1.6 million "for the good of the team". Particularly when one considers he's got f**k all chance of ever making up for that kind of loss of income post footy.
But to others they would want a lot more. Depends on lifestyle and what an individual seems important
It's why guys like Hopoate sacrificed 1 million to do charity for the mormons.
History shows these kids are ‘happy’ to take less at the roosters and in particular the broncos. Every year or two we are reading repetitive/recycled stories (albeit different players) about players taking less to stay at Brisbane. Then when these said players leave, it automatically frees up 2 mill to sign or resign 4 gun players.
Happening far to often to be a coincidence. Especially when 300k cash mysteriously disappears and automatically reappears at one of the said clubs.
What about the players who will go to the Broncos to play with Haas and Fifita. Cause IMO, that are that good.The other consideration is playing in a successful team. TBH, I think we’re a more attractive proposition than the Broncs over the next 3 - 5 years. We’ve got a good young spine, plenty of potential in the middle, very good outside backs and one good young edge forward. He would potentially complete the puzzle.
Which is why a young footballer earning big money has a manager, should have a financial advisor and should listen to his parents.You're thinking long term because your older and probably lament some of the decisions you've made that have cost you big time. Young people like Fifita generally don't think that way, they live more for today and don't think about tomorrow. So he'll probably stay for less.
When he's 50-60 he'll lament his decision not to move and wonder where all his money went to as he sits in his housing commission one bedroomed unit.