Category: Playing Contracts

Show Me The Money: Western Sydney Wanderers Pay Dispute Reaches Deadlock

Logo_of_Western_Sydney_Wanderers_FC.svgThe Western Sydney Wanderers are currently on their way to Morocco for the World Club Championship (WCC), but whether they take the field remains unknown.

The players are currently locked in a pay dispute with the club, demanding to be compensated more fairly than what the club has offered. As it stands, the club are offering an elevated compensation percentage based on their results. If they are knocked out in the first round, the players will receive 10% of the club’s prize money. Should they go on to win the whole competition, they’ll receive 50%. To do this the club will need to defeat Spanish giants Real Madrid, meaning the likelihood of the reaching the 50% is very slim. In fact, the Wanderers are heavy underdogs to progress past the first round, so it is likely that the club will receive a total of $1.2 million, meaning the players will divide $120,000 between them.

In comparison, the players’ received 50% of the prize money for winning the Asian Champions League, and would have regardless of where they finished. This falls under the A League’s Collective Bargaining Agreement (CBA), however performances in the WCC do not. It is understood the players are willing to accept a figure less than 50%.

A statement from the Wanderers explains that the prize money will be used to improve facilities and run community programs, and that this money is vital to those plans going ahead.

The case seems to boil down to the Wanderers wanting to take the ‘first money out’. What this means is they want to ensure that their projects are funded from the prize money before compensating the players. Think of it as a Hollywood movie where a star takes a percentage of gross profits before the investors are paid. They’ve clearly costed these initiatives and found that is the amount they need at minimum to ensure they can carry them out. If the team progresses and the compensation becomes greater, the club can afford to distribute more to the players.

This isn’t to say that this methodology is necessarily right. The players are more than entitled a fair share of the spoils, because without their performances, there would be no WCC. What figure that should be is up for debate, but it can certainly set a precedent for the future. The Professional Footballers’ Association should look to include a WCC section in the next CBA, ensuring that such a dispute will not occur again.

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Clint Dempsey Named Highest Paid Player In The MLS

Clint Dempsey, Seattle SoundersThe MLS has released their list of salaries for the 2014 season, with Clint Dempsey ranking number 1 on the list. He is due to make almost $7 million this year. The designated player moved from Premier League club Tottenham Hotspur last year.

Toronto FC’s two recent signings, Michael Bradley and Jermain Defoe, both feature on the list at no.2 and no.3 respectively. They are both due to make over $6 million this year. Rounding out the top 5 are Landon Donovan and Robbie Keane from the LA Galaxy.

Other notable players include internationals from the New York Red Bulls in Thierry Henry and Tim Cahill, who come in at 6th and 7th.

The current salary cap of the MLS is $3.1 million, although designated players salaries only count $387,500 towards the cap. There are total of 12 designated players in the league, meaning not every team is taking advantage of this rule.

The full list of salaries can be found here.

 

Cricket Australia Releases List Of 2014-15 Contracted Players

CLUB LOGO CRICKET BADGE18 players have received Cricket Australia (CA) contracts for the 2014-15 season. This is a decrease on 20 from 2013-14. However, players can be upgraded throughout the season to hold an ‘upgrade contract’, which is based on a points system connected to their national team appearances.

Steve Smith, Chris Rogers, Shaun Marsh and Aaron Finch were all upgraded last year, and have been awarded full contracts this year. Clint McKay, Matthew Wade, Xavier Doherty, Ed Cowan, Patrick Cummins and Clint McKay have not been retained. 4 other upgraded players were also not award a full contract.

Under the current CBA, the minimum ‘retainer’ contract for a CA listed player is $250,000. Some cricketers will need to reach a certain number of appearances to trigger the retainer. Test captain Michael Clarke will be awarded the highest value contract, believed to be close to $2 million. If a player is upgraded to the previously mentioned upgrade contract, they will receive $210,000.

On top of the base salary, cricketers are paid a match fee, that being $14000 per Test Match, $5600 for a One Day International and $4200 for a Twenty20 International.

Looking from an agency point of the view, the 18 players are represented by 9 different agents, which includes two players (Michael Clarke and Shane Watson) who are either self managed or managed by a relative. Elite Sports Properties lead the way having 4 players represented, with Entourage Management a close 2nd with 3 cricketers. The Driver Avenue Group, Essentially and DSEG are also well represented.

(H/T Cricket Australia)

Brisbane Lions Re-sign Jack Redden

AFL 2014 Portraits - Brisbane LionsBrisbane midfielder Jack Redden has re-signed with the club for a further two years, keeping him with the club till the end of the 2016 season. Financial terms have not been disclosed.

The 23 year-old joins Sam Mayes in re-signing with the club.

“There was never a doubt in my mind that I would remain a Lion. I have been at the Club for six years now and I am really excited about the direction we are heading. Leppa has brought fresh eyes to the Club, and I am relishing the opportunity to learn under him.”

The 2008 2nd round draft pick has played 98 games for the club, kicking 44 goals.

*Jack Redden is managed by Elite Sports Properties*

(H/T Brisbane Lions)

Will Berisha Head To Sydney?

845084-besart-berishaThat’s the word around, with the 28 year-old Brisbane Roar striker out of contract at the end of the season. Sydney FC may be looking for a new marquee player when Alessandro Del Piero completes his 2 year contract.

As Berisha has less than six months left on his contract, he is free to discuss terms with other clubs, with the permission of the Roar. He hasn’t committed beyond this season, suggesting he may test the market to see what he is worth. His salary is still included in Brisbane’s salary cap, so it is highly unlikely he would currently be on a salary over $400,000. With his recent form, he could command upwards of $700,000, potentially more if he were to seek a move overseas. As it stands Thomas Broich is Brisbane’s marquee player, suggesting he is their highest paid player.

James O’Connor Decides on Toulon

420912-james-o-039-connorRugby Union star James O’Connor has signed with French club Toulon for the 2014 season. He is currently playing with London Irish, who compete in the English Premiership, until the end of the season. The 23 year-old left Australia after he was granted an early release from his Australian Rugby Union contract.

The french side have former Wallabies stars Matt Giteau and Drew Mitchell also on their roster. The Top 14 League in France can be quite lucrative. With recent TV deals in their favour, the average salary of the league is around $150,000. In comparison the English Championship’s average is about $125,000. The Top 14 has a salary cap of €10m (£8.6m) per year, which easily eclipses the £4.5 of the English Championship. Salaries are paid monthly, and it has been reported Matt Giteau makes approximately €40,000 per month. Based on this, it is possible for James O’Connor to reach a figure of approximately €600,000 a season.