Horse at $1.8m p.a. Is just under 20% if of their footy dept soft cap on one man. And there is a soft cap freeze for up to 4 years.
That’s significantly north (pun intended) of the % of our salary cap the Bud commanded at his highest player payment. I’m guessing Horse won’t increase merchandise sales or membership by his mere presence. Indirectly by infield success (if it occurs with their spud list perhaps, but that’s a punt). And if success doesn’t come and they sack him prematurely, North will owe Horse the full contract unless he negotiates a settlement. Longmire would be almost crazy not to take the stupidly high offer. North are idiotic and irresponsible for offering it. The AFL should be putting similar sorts of stupid restrictions on North as they did to us for Buddy. ie they enter into this ridiculous agreement knowing that if Horse doesn’t see out the contract his wage will continue to be included in the soft cap for the duration of his contract which will also need to include the wage of Horse’s successor. That would help protect stupid clubs like North from themselves. Also, if their deal fails and Horse leaves prematurely and owes a settlement, that any financial bailouts or distributions from the AFL are minus what is owed to the departing coach. Ie North can’t be subsidised by the AFL or the other clubs for their stupid spending.
Just let them fold next time they are in strife. The club is just too stupid to warrant an existence.
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