Aussie Rules Agrees New Total Player Payments
The Australian Football League (AFL) and the Australian Football League Players Association (AFLPA) today announced they had reached a settlement on Total Player Payments that delivered a good outcome for players, clubs and game development.
AFL Chief Executive Officer Wayne Jackson said the deal represented certainty and security for the game over the next few years, and allowed clubs more flexibility in the payment of player salaries.
The Total Player Payment (TPP) amount will increase by 7.25 per cent in 2002 to $89 million ($5.562 million per club), and by a further 6.75 per cent in 2003 to $95 million ($5.937 million per club).
The agreement also reduces the requirement for clubs to expend 95 per cent of the TPP, down to 92.5 per cent.
Mr Jackson said the agreement further strengthens the 16-team competition by giving clubs greater flexibility in their overall payment commitments to players.
'The AFL is very pleased with the result,' Mr Jackson said.
'We believe it offers a fair increase for players, while offering security and certainty for the clubs and the competition.
'The discussions we have conducted with the AFLPA have been very responsible and both parties have been committed to the continued growth of the game, particularly at grass roots level, and building the strength of our sport.'
Mr Jackson said the AFL had also undertaken to initiate further discussions on the TPP limit for the 2004 football year.
For more details contact:
Patrick Keane
Media Manager
Australian Football League
Tel: +61 3 9643 1925
Fax: +61 3 9650 1303
patrickk@afl.com.au
AFL Chief Executive Officer Wayne Jackson said the deal represented certainty and security for the game over the next few years, and allowed clubs more flexibility in the payment of player salaries.
The Total Player Payment (TPP) amount will increase by 7.25 per cent in 2002 to $89 million ($5.562 million per club), and by a further 6.75 per cent in 2003 to $95 million ($5.937 million per club).
The agreement also reduces the requirement for clubs to expend 95 per cent of the TPP, down to 92.5 per cent.
Mr Jackson said the agreement further strengthens the 16-team competition by giving clubs greater flexibility in their overall payment commitments to players.
'The AFL is very pleased with the result,' Mr Jackson said.
'We believe it offers a fair increase for players, while offering security and certainty for the clubs and the competition.
'The discussions we have conducted with the AFLPA have been very responsible and both parties have been committed to the continued growth of the game, particularly at grass roots level, and building the strength of our sport.'
Mr Jackson said the AFL had also undertaken to initiate further discussions on the TPP limit for the 2004 football year.
For more details contact:
Patrick Keane
Media Manager
Australian Football League
Tel: +61 3 9643 1925
Fax: +61 3 9650 1303
patrickk@afl.com.au