Hoops

NBL Salaries

"This means that accommodation or any other benefit would attract FBT"
Not in this case.

Firstly, for accommodation to be a defined benefit, it must be the employee's regular place of residence. So "in theory" a local player would get caught, but somebody who claims their residence is elsewhere does not.
Any residual is covered under the "otherwise deductible" rule.

Even for locals, or others who choose to move their families and make a home in the new city, there are developers and builders (aka "Sponsors") happy to help out. The tax law there is a bit iffy. If a developer builds a block of apartments, and chooses to sell one well under market value (to somebody who is not their employee), that is not a Fringe Benefit, and whilst in theory it should be captured somehow as accessible income, it rarely is.

There's also a reason Teams do sponsorship deals with Car Companies, although Hyundai is scraping the barrel.

Even if a “low minute” player can earn $100K per year between NBL and SEABL, it’s only for a few years. Aside from accommodation (probably only for duration of season and pre-season training) and other benefits, there’s not a lot of extra to squirrel away.

These sort of players need to plan their post-ball life. I also believe that the franchises have a duty of care towards them. Partner with education and career organisations so that all players can have a head start on their next career. This probably means apprenticeships, traineeships and tertiary studies that lead to a longer-term career.

That sort of salary range matches mine, but I also do other stuff and my career can continue until I retire from work altogether. You can’t retire altogether at 30-35 on those earnings, so career transition is an important area for those guys to consider. Their employer and league needs to support them as well, in my opinion.

Just because one bench scrub is getting $100k+, doesn't mean that all are. I wouldn't call LV's story outlandish at all.

It happens. If there was a multi-year deal for a reasonable prospect in a player's market, they might have signed 80-95-110 over three years, for example, to lure them interstate. Then they play SEABL/ABL/NZNBL for another $20k or whatever. If they turn out to be a bit of a bust by year three, they're still getting paid.

I'd guess every team has at least one salary that would shock people.

I heard one this week that was quite surprising! Would've been one of the poorer ratios of earnings to statistical output/MPG around.

Accommodation is usually not paid by the player.
If a player is contracted and earning ove $100k for 5min+ it shows you the stupidity of that NBL club.

The man on the street has NFI what FBT is. LV not everyone is an accountant like you.

Mostly it is done via allowances as you said.

I don't doubt it, I'm just questioning the anon poster's suggestion that it's legally FBT free.

Cheap accommodation deals get done for players quite regularly LV.

Why would accommodation be FBT free?

NBL clubs are for profit businesses, and wouldn't fit into any of the FBT exemption categories, as far as I'm aware.

This means that accommodation or any other benefit would attract FBT.

If so, then it would be smarter for clubs to pay an "allowance" to the players - effectively an addition to their salary- and then organise the rental property, that the players then pay for themselves.

LV you are talking crap. Are you suggesting that "even the ones who are 9th-11th men" will earn a decent income and "then he'd be earning 6 figures" Get off the crack. Do the real research about your family friend because they are talking smack.

And to be a bit more specific- if you combine this NBL salary with off season bball income, it would be a nice living indeed.

I haven't checked if this player is playing SEABL or state league or NZNBL, but if he is, and if he's earning say 50% of his NBL wage playing SEABL, then he'd be earning 6 figures and then some. And he'd have the flexibility to work another job during say, April til August when NBL pre season kicks into full swing.

In other words NBL players are doing quite well for themselves- even the ones who are 9th-11th men. Based on this one example anyway.

Last year I ran into a family member of an NBL player. This NBL player is at the end of the bench and doesn't play big minutes.

I was a little surprised at the salary- it was slightly more than I expected.

Not a United player, if you're wondering and not giving any more info. Except to say this player was making a decent living.

Face palm to most of the comments in here about salaries. The players salaries in the NBL shouldn’t be posted, as players in such a small league would definitely have issues as would clubs. And to say it’s a disgrace the salaries aren’t posted is crazy. It’s not the NBA, so don’t compare it.

Minimum is $42k and $10k for dp but clubs can contribute in other ways, accomodation, food etc.

So 20 years ago Cadee was indeed on good money.
Minimum is now $42K? I believe.

There might be posters who are “in the know” but that doesn’t mean they are being truthful about what they post 100% of the time, or not posting with an agenda in mind.

Boti is considered to be “in the know” but has often distorted the truth (or completely made stuff up) when it suits him so you can’t blindly believe what those insiders say every time.

Anon 169

Mid 1990s. So wasn’t being ripped off. Probably equivalent to around $50-60 K now. That particular player had a long NBL career across several teams. Popular in community and with peers too. He Enjoyed his career and.

In the past DPs were being paid below the minimum and clubs were getting away with it when the league was struggling hence that story.

Remember there is a minimum too. If "your mate" was earning $20k whilst at Uni then he is being ripped off. Assuming he was a listed player. DP's don't even get paid.

#051
He’s on the money, Kay is the piece that nbl clubs need long term and is Australian.

‘051’s post was otherwise around the mark but I doubt the Kay number. Must be confused with something else.

Even AFL use a certain allowance to pay players tax free to a defined limit. No need to be an international sport.

Hahahahaha, idiot that said Kay 1.2 is so far off the mark it’s scary. Please don’t post ever again, as I’m now dumber after reading the stupid sum of money for which you have no bearing or clue.

Every player is just on $400k according to the forum.

If Kay really got $1.2mil over three years #686051 then I believe the Cats have jumped the shark. Or if other clubs were close then the whole league has.

UseTaHoop - depends who's being talked about with the $400K...

IMO, the biggest trap would be to be good enough to suit as training bait or as a development player, but not good enough to go further. Or even get $45k for a year or two. Go with that for a few years and by the time you resume an alternate career, your peers have finished uni or have years of desk experience up their sleeves while you're just starting.

This applies less to particularly motivated/connected/smart types, but I think it's dangerous if you're unsure about another career path.

You only have to know some off the agents to get the idea of some players, the kings, United all chased Kay with good offers and he rejected them for more money in Perth, good business on Kay’s agent behalf. 1.2 million over three years, you work it out. Bench players normally earn between 45g and 100g depending on how many big name locals you got on the team. Some of the college kids coming back with big reputations could stretch to 120g with a good agent and if you’re a piece required by clubs.
Some posters will refute this but it’s on the money, believe it if you wish or take it with a grain of salt but it’s accurate.

Ok. Hence the $400K number.

I am genuinely interested in how much players earn. Not individually named players, but just in general. I remember a certain young bloke earning around $20K while at Uni in his first year for 36ers. Way Better than Austudy in the mid 90s. I also know benchies and role players who did Uni study, both during and after playing careers (association development roles don’t pay enough for a career).

Only the best will ever earn enough to semi-retire on, so most will have to set up a career whilst still playing. Maybe apprenticeships/ traineeships could be sourced for young players. College recruits should also consider their course choices and look at how recognised their studies will be in Australia.

I think a player could set up alternative structures to run things like marketing, coaching clinics etc. In some areas the Fed govt actually mandates an alternative structure to receive payments (eg the NDIS if a client wants to select their own providers) and some professions lend themselves to it. On the other hand, some companies have found themselves in hot water over using sub-contractors. There tests of “is it paid by the hour, do you supply own your tools, are you covered by workers comp?” etc).

Yes, there would be posters who have a fairly good idea. Word often gets out and spreads. There are trolls posting fake numbers but they're usually quite obvious.

I'd guess most locals get paid wages but some might have negotiated something else, even if just as part of their package.

There will always be someone who posts "Unless you're the athlete, the club or ATO, HOW WOULD YOU EVEN KNOW!!!1" but maybe they're also the types who post "I'm not believing it until the club announces it officially." (And I wonder why they even read a fan forum.)

I find that it's fairly easy to pick solid rumours from bullshitters, and to recognise that sometimes a strong rumour doesn't turn out (e.g., player was strongly leaning one way and then changed their mind, or had a verbal and then bailed).

They are employees so it is a salary/wage.

You can't setup structures when you work as an employee as it falls under the PSI rules which means you can't income split. You don't know what you're talking about.

Going back to the main point - no one knows salaries as legit inside info on here has really dried up. It has gotten to the point where a troll said $400K and everyone is taking the piss with it since then.

Boti certainly is turning up the heat on the club and seems genuinely annoyed at what the team has become. Here's his article

http://www.adelaidenow.com.au/sport/basketball/sixers-cant-stop-the-rot-even-with-a-new-coach/story-e6frect3-1226244894506I've written more here

He's been continuing to refer to our low scores, lack of effort and the emergence of players that have left the program. Clarke must cop a lot of the blame purely because of his position but we've now gone through 3 coaches and things aren't getting better. Our errors with the imports and ability to get a steady roster roation right I think are the two biggest issues. I've written more here

http://www.36reasons.net/2012/01/response-to-boti-nagys-si-xers-cant.html

It will be interesting to see how much more Boti says if the losses keep coming.

I can't help think of the situation in the AFL where Geelong seemed to think there coach was a great teacher but not so good at some of the other stuff. They let him focus on teaching (his strength) and got better support around him for some of his weaknesses. Would the 36ers be different if Clarke got to spend more time just "teaching" and got others in to assist with recruiting, strategies etc?????