Leniu - What happened?

[ChesoBulldog]

So what, as you seriously suggesting the JAC doesn't get paid by Let's Trot Apparel Pty Ltd for lending his image to the brand. The corporate structure is irrelevant, any player (just like the rest of us) can start a company and be paid by it, the third party is LTA in JAC's case. The tax implications of an NRL player setting up their own company are the same as for anyone else. The TPA requirement is that none of the player's income can come from the Club or anyone associated with the club.

TPA's are allowed so that players can earn an income from another source other than playing football. Income that may last longer than they are playing, possibly income for when their playing days are over. Media appearances, football boots sponsors, headgear sponsors etc. I'm sure Burton will have his own range of headgear, maybe Mahony and Crichton can join him and set up a company that promotes a chosen brand of headgear and they can sell individual advertising on them. Thurston had a TPA with Maddison and he also had CoolMax (the polyester material the head gear was made of) sponsorship/advertising on the head gear itself.

TPA's have to be allowed, it was introduced a couple of decades ago as part of the CBA between the NRL and the RLPA. It was in response to a number of players threatening court action over them not being allowed other sources of income. It's the same as you or I can have 2 or 3 jobs with different employers. Not that an NRL player is in their league (sic) but Usain Bolt, LeBron James and Roger Federer earnt more than twice as much from their sponsors than they did from their chosen sports.


Always a Bulldog

I am not going to divulge into this further but thanks for your synopsis. I appreciate the time you spent in putting this post together in an attempt to educate me.

 

[Woofwoof1980]

Just because Leniu signs with the Roosters doesn't mean @KiwiDog7 isn't providing legit mail. He got lots of other things right before this. From the sounds of it, Leniu was pretty close to signing but the Roosters came in last minute by offering a small Carribean private island to get the deal over the line..

Either way, keep the mail coming. They won't all be right, but we appreciate the mail nonetheless.

And a million in bitcoin which the NRL audits will never be able to find.

 

[TwinTurbo]

Look at it this way, if the Tigers offered a player $1 million, the player probably loses more than $400k in tax .. so they’re only really earning just over $500k

That's not actually true, being professional sportsmen with what can be very limited playing careers, NRL players can take advantage of ATO allowed income averaging.


Always a Bulldog

 

[TwinTurbo]

I am not going to divulge into this further but thanks for your synopsis. I appreciate the time you spent in putting this post together in an attempt to educate me.

More than happy to take this discussion to PM's if you would prefer.


Always a Bulldog

 

[ChesoBulldog]

More than happy to take this discussion to PM's if you would prefer.


Always a Bulldog

I know too much about this. I am not comfortable talking to you about it.

 

[NPC83]

the roosters didnt come in late, i quoted this to @ASSASSIN and @Bulldogs09 more than 6 or 8 weeks ago, before anyone quoted the roosters were involved.
the storm and dragons never gave any offers, that was bullshit from the media.
The initial offer his management was rejected by both dogs and roosters, it was stupid.
fact is roosters gave a counter offer at a very respectable price, and the dogs didnt bother to give anything.
what is he supposed to do? he goes to the club that wants him.

Are you disappointed we didn’t counter offer also? There must be a bigger plan at play for prop IMO.

 

[TwinTurbo]

I know too much about this. I am not comfortable talking to you about it.

If you know more than me then I will be genuinely surprised.

Always a Bulldog

 

[bradyk]

Are you disappointed we didn’t counter offer also? There must be a bigger plan at play for prop IMO.

We're desperate for middles for 2024, more than 1, there's no way we didn't go hard for Leniu. We have to be going hard for NAS too otherwise WTF are we doing.

 

[NPC83]

We're desperate for middles for 2024, more than 1, there's no way we didn't go hard for Leniu. We have to be going hard for NAS too otherwise WTF are we doing.

Well I have no reason to doubt Steve’s mail but agree we need quality middles so I personally think we probably are going hard at NAS or someone of that quality.

 

[Cappuccino]

Lol Harold

 

[ChesoBulldog]

If you know more than me then I will be genuinely surprised.

Always a Bulldog

Let’s leave it at that. Enjoy your day mate.

 

[1967]

That's not actually true, being professional sportsmen with what can be very limited playing careers, NRL players can take advantage of ATO allowed income averaging.


Always a Bulldog

That’s probably true, and I agree mine was a slack rough numbers example because I’m not privy to the inner workings of sports tax structures or tax law, but that aside, the player still loses a pretty big slice ..

The point I was eluding to is when you learn how to invest your money in the arena that these big hitters play in, you get to keep it all … for example Kerry Packer was taken to court for earning billions and paying zero tax, he walked out laughing after making a mockery of those trying to lynch him … because no matter how much you earn you can legally pay zero when you know how to use the right legal systems that are available to you, and that’s all he was doing so they couldn’t touch him.

That’s also all a very small part of what I was saying, the point was how are the Roosters always pulling the best players and how are they not over the cap.

I think I explained that its because they’re financially setting their players up and most other clubs aren’t ..

 

[CMP]

If you know more than me then I will be genuinely surprised.

Always a Bulldog

What you say is pretty accurate. It doesn’t make anything right though.

You sound like you have your head in the sand like the NRL and think everything is fair and above board.

The salary cap as it stands is an absolute rort. It doesn’t exist for some clubs. The NRL need to find a way that places a minimum Salary Cap value on every player.

At the same time. I believe a player should be allowed to earn whatever they can. The Salary Cap needs to be open and transparent though.

Nobody needs to know what TPA a player is getting paid. But every contracted players Salary Cap figure should be transparent to everyone.

Eg. if James Tedesco is earning $400k on the Roosters cap but earning $1m in TPA’s nobody needs to know about the million dollars. But it should be clear to everyone how the Roosters are only using squad player money on him out of the cap.

To sit back and believe the player goes out and finds TPA’s without club input is laughable.

Yes, TPA’s have to be approved. However as long the source of the money if not associated with the club. There is no reason for it to not be approved.

 

[TwinTurbo]

That’s probably true, and I agree mine was a slack rough numbers example because I’m not privy to the inner workings of sports tax structures or tax law, but that aside, the player still loses a pretty big slice ..

The point I was eluding to is when you learn how to invest your money in the arena that these big hitters play in, you get to keep it all … for example Kerry Packer was taken to court for earning billions and paying zero tax, he walked out laughing after making a mockery of those trying to lynch him … because no matter how much you earn you can legally pay zero when you know how to use the right legal systems that are available to you, and that’s all he was doing so they couldn’t touch him.

That’s also all a very small part of what I was saying, the point was how are the Roosters always pulling the best players and how are they not over the cap.

I think I explained that its because they’re financially setting their players up and most other clubs aren’t ..

Sorry for the pun, but it's chicken and egg argument, the Chooks have no juniors, zero, zilch SFA. So the only way they can survive is to recruit players from somewhere else. To do that they have to offer "more" to attract players, that's why Politis has set them up the way he has. You are correct "More" doesn't have to equal money it can be found in many other ways, from the chance to win a premiership to playing for the best coach, not that Robinson is the best by a fair margin, that's a myth perpetrated to attract players. The after playing career stuff is there but the player has to have the ability to pursue it, it's not a "present" that they get for doing nothing.

It it always worth keeping in mind that the Chooks have the largest promotions department in the NRL, they have multiple spin merchants on staff as well as specialist contractors that step in whenever needed. So bullshit is prevalent is that organisation.


Always a Bulldog

 

[justdogs]

A few weeks ago he was a certainty to be signed. Now reports say potentially a Rooster?

He wants to play for The Chics for free, lol

 

[TwinTurbo]

What you say is pretty accurate. It doesn’t make anything right though.

You sound like you have your head in the sand like the NRL and think everything is fair and above board.

The salary cap as it stands is an absolute rort. It doesn’t exist for some clubs. The NRL need to find a way that places a minimum Salary Cap value on every player.

At the same time. I believe a player should be allowed to earn whatever they can. The Salary Cap needs to be open and transparent though.

Nobody needs to know what TPA a player is getting paid. But every contracted players Salary Cap figure should be transparent to everyone.

Eg. if James Tedesco is earning $400k on the Roosters cap but earning $1m in TPA’s nobody needs to know about the million dollars. But it should be clear to everyone how the Roosters are only using squad player money on him out of the cap.

To sit back and believe the player goes out and finds TPA’s without club input is laughable.

Yes, TPA’s have to be approved. However as long the source of the money if not associated with the club. There is no reason for it to not be approved.

Where did I say "everything is fair and above board"?

What I said was TPA's are here to stay, there is no way they will or even can be removed. It would be a constraint of trade and illegal for the NRL to prevent them. What I also said is some are genuine TPA's and I have been involved in them since the 1990's, where the player gets paid by someone other than their club to provide a service in promoting or selling their products.

Are there rorts in some TPA's, of course there are. But the answer is not for the NRL to stop TPA's, they couldn't even if they wanted to. The answer is to have even more rigorous auditing of TPA's, the results of which are published. No player names of course, but club by club definitely.

To the best of my knowledge the last time the NRL published each club's TPA's was back in 2019 and they haven't done it since. That's the first step in making TPA's more transparent, but, as it was back in 2019, it leaves the NRL open to criticism boarding on mockery, something they avoid at all costs, but they can't run away from this.


We need more of the articles like Rothfields' and Read's from yesterday, embarrass the NRL into taking action.


Always a Bulldog

 

[underdogsontop2246]

How hasn't anyone mentioned big Hame Sele from Souths? Let Souths extend Burgess and we get him. Metre eater and lasts very long minutes. I've always rated him way higher than Leniu.

 

[D.O.W.]

Are you disappointed we didn’t counter offer also? There must be a bigger plan at play for prop IMO.

Maybe Haas, this would be the only justification

 

[D.O.W.]

He wants to play for The Chics for free, lol

That’s Dire! Straight… to the point, Chooks are now transparently Rorters, these signings only confirm it. Leniu was looking at 600-700k… they also scored Dom Young - they already have:
Teddy
Manu
Keary
Cheese
Crighton
Sualii and
JWH
On very good coin…

Walker got extended for some good coin too…

& Collins is a rep player.

S
O
M
B
R
E
R
O

 

[TwinTurbo]

How hasn't anyone mentioned big Hame Sele from Souths? Let Souths extend Burgess and we get him. Metre eater and lasts very long minutes. I've always rated him way higher than Leniu.

What? Makes less than 17 tackles per game, less than 1 tackle break per game, has scored 1 try in 54 NRL games, less than 100 metres per game and made 1 offload per season for the last 5 seasons in row. He's a 26 year old, not big 182/102, journeyman that has played for 3 clubs and not made an impression at at any of them.


Always a Bulldog