Karmawave
Bench
- Messages
- 4,950
I have 2 qustions on the salary cap rule, if someone can clear them up for me.
1) what if player A decides to do something outside of the game in his spare time and it becomes a good earner. Lets say he invents something or makes a number 1 hit singel and gets, lets say 10 mill for his troubles. Where does that sit in Mr. Shuberts audit?
2) What if a few high profile players decide to get ghost writers in and every year pen a book or two with their help (be it sports stories, cookbooks AKA Mat Hayden etc)? Would the money earnt from these books come under the salary cap. If not what is to stop player A getting his name credited with a book and the club or independant sponsor buying $500k worth.
1. It wouldnt come under " guaranteed income " because it would not be a certainty to occur. No different to a player making a smart investment in shares and earning $10M out of it. So it would be salary cap exempt.
2. If the player received a set amount for the " rights " to a book , it could come under the salary cap because its set income. If someone wanted to rort it and buy up $500K worth of books where the player was not paid upfront with guaranteed income and was reliant on royalty income, well I have no idea what would happen, but tecnically it could occur.