koberulz
Earlier this month

Nick Kay Opts Out

Wildcats just sent an email to members.

Topic #47199 | Report this topic


Anonymous  
Earlier this month

I get why they did it with sponsorships and other businesses not making any money + who's to say it'll even be fine when the season normally starts but I can't help but feel the abpa and nbl jumped the gun with these paycuts

Reply #804817 | Report this post


Zodiac  
Earlier this month

At least Perth fans can always say it was the coronavirus not another NBL team that destroyed their great team of the past decade.

Reply #804818 | Report this post


LoveBroker  
Earlier this month

Terrible news for the league.

Reply #804820 | Report this post


Anonymous  
Earlier this month

Maybe he's working on a clothing brand too. Kay M'Art springs to mind.

Reply #804822 | Report this post


Anonymous  
Earlier this month

Man I'm pissed off, as a Perth fan and as a general NBL fan. Not at the players or teams, but the people running the NBL, they've fucked up all the great work that's been done over the last 6 years

Reply #804823 | Report this post


TB  
Earlier this month

Opt out does not mean leaving. But strange that all of Melbourne's contracted guys are staying. Wonder assurances their owner is giving them?

Reply #804824 | Report this post


Another Anon  
Earlier this month

NBL did so much right and have blown it all with one rushed decision.
People think this year's championship had an asterix on it, next years will just flat out not count.

Reply #804825 | Report this post


Anonymous  
Earlier this month

Kay was always going, his value in Europe is through the roof, it's probably better for Perth this way as if Europe doesn’t get going he’ll be back at Perth. Norton out as well I believe.

Reply #804826 | Report this post


Anonymous  
Earlier this month

Melbourne only got three players contracted, so not certain why they were mentioned.

Reply #804828 | Report this post


TB  
Earlier this month

Sobey, Magnay, Gliddon and Cadee all opt in...again what assurances has their owner given them? Similar looking owners right?

Reply #804829 | Report this post


Lovebroker  
Earlier this month

At this rate Wildcats starting five.

Jeremy Kendle
Clint Steindl
Darrington Hobson
Jesse Wagstaff
Billy Preston

Off the bench are
Greg Hire
Shawn Redhage
Lo Buluk
Etc

Reply #804832 | Report this post


Anonymous  
Earlier this month

Not really surprised that players from the two biggest spenders are choosing money over loyalty. Adelaide may have a chance after all.

Reply #804834 | Report this post


Anonymous  
Earlier this month

You win championships with a very expensive playing group, you don't pay they go, simple really.

Reply #804835 | Report this post


Anonymous  
Earlier this month

You can't blame Kay/Cotton for chasing the money. If they were on the rumoured $400k and $600k, that 50% paycut is huge in the prime of their careers. They were already capable of getting more money overseas in the first place than what they got in the NBL last year.

Reply #804838 | Report this post


Anonymous  
Earlier this month

The Wildcats are probably a victim of their own success a bit too. What is it, 5 championships in the last 7 years? I think it's natural that the best players not only want to make what they're worth but also challenge themselves at the highest possible level.

Kay and Cotton have multiple NBL championships, All NBL first teams, MVP awards etc. Could be a "time for the next challenge" mentality.

Reply #804845 | Report this post


Anonymous  
Earlier this month

I don't blame Kay and Cotton for opting out to get what they're worth. The issue is the NBL made a ridiculously hasty decision to make the league a completely unattractive option, so Australia's usual advantage of offering lifestyle over slightly less dollars went out the window overnight.

Reply #804848 | Report this post


Anonymous  
Earlier this month

Kay and Cotton are opting out because they're great players with a good chance of picking up a well paid gig overseas. The 4 Melbourne players opted in because Melbourne is a great city and Dan Andrews will protect us all!

Reply #804850 | Report this post


Anonymous  
Earlier this month

The NBL along with the players association and the player representatives made the decision. Not just the NBL. Learn to read.

Reply #804851 | Report this post


Anonymous  
Earlier this month

2020/21 Wildcat fans if Perth miss the playoffs:

Wildcat Fan 1: "COVID-19 stopped our playoff streak, not any of the other NBL teams!"

Wildcat Fan 2: "Nah. This season doesn't count, the streak lives on!"

Wildcat Fan 3: "Yeah, this is definitely an asterisk season/championship!"

Every other NBL fan: "Then let's put a big asterisk next to the 2004/05 season when you finished 7th out of 11 teams on 17-15 and made the playoffs. Same for the 2005/06 season when you also finished 7th out of 11 teams on 16-16 and made the playoffs. You could also do the same for the 2003/04 season when you, again, finished 7th out of 12 teams on 15-18 and made the playoffs!"

The entire Red Army: "Shut up pleb! We are the best club in NBL history (that is true though)! We might have missed the playoffs, but we will be too busy polishing our 10 championship trophies!"

Every other NBL fan again: "Yeah, you guys are polishing something and it's not the trophies!"

Reply #804864 | Report this post


Maxymoo  
Earlier this month

If the Wildcats miss the playoffs - we'll be like 'shit we missed the playoffs'

Reply #804865 | Report this post


Anonymous  
Earlier this month

If they go to Europe and die with Covid19, opting out will seem a bit stupid.
And $200-300 is still pretty good money in a country that basically has nearly lowest level of infection which ain't bad. Its like a person winning powerball the week after the jackpot was $100 million and them whinging they only got $2 million.

Reply #804872 | Report this post


Anonymous  
Earlier this month

While I don't see us being a legit championship contender, i still think Perth can put together a roster capable of finishing top 4. They'll still be willing to spend a fair bit and they'll be very active in free agency and try grab some big names.

Reply #804874 | Report this post


Anonymous  
Earlier this month

I dont think cats have a choice but to recruit hard. They have lots of demanding fans and a big stadium to fill.

Reply #804875 | Report this post


Anonymous  
Earlier this month

A bit of dribble from #864.
Streak will be broken eventually but really I don't think there is an issue.
4 out of 9 chance of making playoffs.

A great destination for free agents.
Perth will be fine.

Reply #804876 | Report this post


FM  
Earlier this month

I don't see why the NBLPA and NBL didn't get together in the past week and say, maybe we should hold off for a bit.

If clubs are struggling now, they can not blame COVID 19. It just simply hasn't effected their current cash flows. Future cashflows could be brought into it however given the small 2 month difference and some our our leagues major sponsors just boomed big time, then I think the financial effect is not that decent.

What income was a club going to generate between March and June? None. It is expense only time of the year, with no revenue. We all know some clubs blew a lot of money to compete this season however they also wanted to keep paying their players.

If you can hold a press release and make decisions within 24-48 hours after Joey says "complain to Melbourne about Melbourne", then the league and certainly some of the clubs have it all over the players at the moment.

Watch them play for half the pay, then never pay them more than 50% on the new wage again.

Reply #804877 | Report this post


TB  
Earlier this month

Cotton and Kay haven't left yet and there is still at least 5 months until the start of the season.

If they do go, there is a large of money on offer and a world of players to fund.

If the borders are still closed there is a lot of quality Aussie free agents who wouldn't mind a pay rise.

And I say again, they haven't left yet.

Reply #804878 | Report this post


Anonymous  
Earlier this month

If you bring in a player for this season coming it counts as double on the salary cap. Perth bring a player to replace Kay and pay him $100g it's worth $200g on the cap. That’s how they get to keep the cap the same but regulate this season to allow for cuts. You have to find the percentages for each wage bracket, I used $200g as it’s a 50% cut. Clubs will balance there list that way.

Reply #804884 | Report this post


Lovebroker  
Earlier this month

If the borders are still closed there is a lot of quality Aussie free agents who wouldn't mind a pay rise.


Can you tell us a bit more about how players will get a payrise in an environment where the NBL salary cap is rumpured to have halved?

Reply #804885 | Report this post


Anonymous  
Earlier this month

They reduced the cap because they know they either won't be playing in front of crowds or they will be playing in front of 66% less crowds. Meaning 2 seats vacant between each patron etc. it’s not about now it’s about the fact that clubs make money from bums on seats. Clubs make money on selling hospitality. That is not going to happen as per normal in NBL20/21. It’s not rocket science people.

Reply #804886 | Report this post


Anonymous  
Earlier this month

5000+ posts and still going strong.
Kudos Koberulz.

Reply #804888 | Report this post


koberulz  
Earlier this month

TIL the time of year when teams sell memberships and sign sponsors isn't a time of year where they have revenue coming in.

Reply #804889 | Report this post


TB  
Earlier this month

10,000 odd wildcats members already paid up (renewals started before finals last season) so pretty sure our gate takings will still be close to what they were.

Every team's cap is ruptured so a guy like Goulding could get a fair slice of Cotton and Kay's money and be on more than he could get at United if he doesn't choose to go overseas.

Reply #804891 | Report this post


koberulz  
Earlier this month

The Wildcats aren't every club.

Reply #804892 | Report this post


AgentView  
Earlier this month

As mentioned in the other thread opting in and out at this moment doesn't mean anything as the whole proposition salary cuts and restraint of trade is unlawful. Stick with your current club and if something better comes along breach contract. Good luck to anyone stopping you. It’s a shame that in one decision the league has gone from one that even though wasn’t paying as much as China or Europe was an "English speaking, safe, politically stable and payment on time with solid employment and living conditions" to.... “shit hits the fan (In the off season) and we are unilaterally docking 50% of your pay, putting a ticking time bomb on your decision and oh by the way you can’t play at any other NBL franchise”. Oh and our sponsors are in the two industries least impacted.

Reply #804893 | Report this post


AgentView  
Earlier this month

Perhaps China will have a better quality league (and better paid) next season. After all they will be virus free right?

Reply #804894 | Report this post


Anonymous  
Earlier this month

Larry has blown it, players will walk at any time and if the league try's to stop it and it goes to court, all cost, money expenditures will be laid out for all to see.

Reply #804897 | Report this post


Anonymous  
Earlier this month

Question: How does one know that someone is clueless?

Answer: They mention the sales figures of two major sponsors as reasons for the financial viability of the league this season.

A couple of sponsors may be doing well, but they won't be tipping more money into the NBL out of goodwill to make up the shortfalls from others. They have a duty to their shareholders to do what is in their best interests, why give more money to the NBL for the same and most likely less exposure.

Agentview - Do you seriously suggest that Chemist Warehouse or Bunnings is going to tip in enough money to make up the shortfall from the team owner's drop in income from their personal business interests (which usually cover the league losses) plus the drop in general sponsorship, hospitality spend and ticket sales this season.

And why would they do this exactly? What benefit is it in there for them? How does Wesfarmers explain the generosity towards the NBL to their shareholders? You do realise directors of companies are legally required to do what is in the best interests of their shareholders? How do you suggest throwing money at the NBL for no more exposure does so?

Reply #804898 | Report this post


Perthworld  
Earlier this month

TIL the time of year when teams sell memberships and sign sponsors isn't a time of year where they have revenue coming in.

#hoops.com.au

Reply #804901 | Report this post


D2.0  
Earlier this month

And as usual, people are completely missing the point.

Perth will STILL be financially healthier than any other team.

The ONLY thing limiting the quality of the team you can hire is whatever adjusted cap they put in place. So at worst, Perth will be at the same level as other teams.
Steindl, Norton, and Wagstaff all just took a big pay cut. Majok probably not on huge money to begin with.

And whilst guys at the very top like Cotton and Kay can probably land gigs in Europe, we're still likely to see a net flow coming back the other way.
We can't say for sure what the next season will look like in Europe, but its going to be far from business as usual.
Some of the lesser leagues may still be on lockdown, and others may be hampered by travel restrictions.

And lets not forget that the worst hit country in the world (apparently) is the USA. If the NBA plays, it will almost certainly start in closed stadiums.

I don't think its all doom & gloom. I'd guess we will pick up some players coming back from Europe, and I think the selection of imports available will be quite good.

And lets not forget, opting out just gives them the opportunity to consider other offers over the next few months. Not everyone who has opted out will necessarily leave.

Reply #804906 | Report this post


Anonymous  
Earlier this month

Financially healthier doesn't help get wins after your 2 superstars just walked out. Perth is just another club of mercenaries like everyone else but with deeper pockets. but deep pockets are not so great when your best players just said adios and the borders are locked down

Reply #804907 | Report this post


koberulz  
Earlier this month

The ONLY thing limiting the quality of the team you can hire is whatever adjusted cap they put in place.
The cap won't change.

Reply #804908 | Report this post


Anonymous  
Earlier this month

Exactly the cap is not changing, as previously said a player on 100g will valued at 200g. It all works around the percentage detuctions. A player on a 30% reduction will have 30% added to his wage to meet the cap.

Reply #804910 | Report this post


Anonymous  
Earlier this month

"If clubs are struggling now, they can not blame COVID 19. It just simply hasn't effected their current cash flows."

"What income was a club going to generate between March and June? None. It is expense only time of the year, with no revenue."

FM, I think you should learn more about how NBL clubs businesses operate before making definitive statements like this, because it is simply not true.

Reply #804917 | Report this post


Senator11  
Earlier this month

You never know how many current imports overseas value health at this point over money, half a dozen may say, "shit Europe is screwed here, that down under place seems legit, chicks are hot, hey agent, check it out for me".

Correct, Kay and Cotton are in their prime years to cash in on their talent, there will be imports out there who are 3-5 years older and have made their money who might want a safer environment. Not to mention guys like Cotton, Ware, Trimble would have started on half the pay their on now in their first years.

Reply #804935 | Report this post


Anonymous  
Earlier this month

The statement probably isn't true but they should have money put aside for their cost from season just past to get to next season, we were told that the league was going fantastic, all fine but looks like smoke and mirrors.

Reply #804937 | Report this post


Anonymous  
Earlier this month

Norto was interviewed on Nova this morning, presenters stated Terrico and Miles were gone and Norto did nothing to refute that statement.

4 of 5 starters gone

#lastdance

Reply #805067 | Report this post


Anonymous  
Earlier this month

#xlnt

Reply #805071 | Report this post


LoveBroker  
Earlier this month

chicks are hot


Our chicks are good but do not hold a candle to Eastern Europeans.

Reply #805074 | Report this post


Anonymous  
Earlier this month

"Ask Dean Vickerman - they 100% outbid Melbourne for Nick Kay, making Nick Kay Perth's marquee player"

Like I said, no they did not. And why would they?
If you have already made/matched a fair offer to a player, and he says I don't care about playing for your club, one way or another, but I'll come for a bit more money, why would you want him? It's not only a bad way to spend money, it puts you never-ending upward spiral.

The whole reason Kay has opted-out, is that he was not earning the money his current form demanded, and that was before the NBL pineapple.
At the time, Kay had multiple offers, and Perth's offer matched but did not exceed the others. At that point he may have been the best local option available, but he had yet to have the incredible two years he's now had.

Reply #805285 | Report this post


KET  
Earlier this month

Scandos is where it's at

Reply #805286 | Report this post


D2.0  
Earlier this month

The ONLY thing limiting the quality of the team you can hire is whatever adjusted cap they put in place.

The cap won't change.

You say Tomato...

If previously a player was paid $X, and X counted towards the cap & tax,
but now a player is paid $Y and 2*Y counts towards the cap & tax, then that is effectively a change.
Point is that Perth are no worse off than any other team, and probably still better off than most.

Hypothetically, Perth could still sign Cotton and Kay to new deals, then either re-sign White & Plumlee, or sign better players.
The only restriction, and its the same for every team, is the massive tax hit.
Perth are better placed, and more likely, to absorb a single-season hit, in order to keep some stability.

Reply #805287 | Report this post


LoveBroker  
Earlier this month

If Salaries are halved, should the Luxury tax be halved?

Reply #805289 | Report this post


Anonymous  
Earlier this month

Perth blew United out of the water, believe it.

Reply #805295 | Report this post


Zodiac  
Earlier this month

Like I said, no they did not. And why would they?


Of course they did the Wildcats always have to over pay players to get anyone to move over there. That's why Kay was on $400k a season. Overpaid? Yes, but $300k likely wouldn't have gotten him over there.

Reply #805300 | Report this post


Anonymous  
Earlier this month

$400k is what it took and in hindsight it's was well worth it.

Reply #805304 | Report this post


LoveBroker  
Earlier this month

All team take a gamble.

Some pay overs for Kay and get 2 rings.

Some pay top dollar for Casper Ware and get 1-18.

Reply #805306 | Report this post


Anonymous  
Earlier this month

Wildcats don't *have* to pay to get players here. They choose to, because they're a successful club.

Reply #805313 | Report this post


Anonymous  
Earlier this month

#313 and play for nothing to to live in a back water.

Reply #805315 | Report this post


Anonymous  
Earlier this month

What?

Reply #805317 | Report this post


Anonymous  
Earlier this month

Don't have to pay??? Not the NBA with ringchasers here. Established players may take less than market value to stay but they coming for the dollars. If you're a FA and Hawks offering $20 grand more than wildcats, they're going to Hawks 99%.

Reply #805322 | Report this post


Lovebroker  
Earlier this month

Wildcats money does not guarantee talent or success.

Sunday Dech nor Cam Oliver wanted Wildcats.

Wildcats money sometimes buys DeAndre Daniels, JP Tokoto and Derek Cooke Jnr.

Money guarantees nothing.

Reply #805324 | Report this post


Anonymous  
Earlier this month

Players who told Wildcats to get stuffed
Mark Worthington
Daniel Johnson
Cameron Gliddon
Casey Prather

Reply #805332 | Report this post


Cornholio  
Earlier this month

Prather has been mostly injured since leaving the Wildcats.
Gliddon meh.
Did just fine without DJ and Worthington.

Reply #805337 | Report this post


Anonymous  
Earlier this month

"Wildcats money does not guarantee talent or success."

No they don't always get it right but more often than any other club.

As for that list of random players, Perth have got more titles in the last seven years than those players do combined.

Reply #805344 | Report this post




 

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