Souffs
Samantha in strife (and medical retirement rorts)
- Thread starter MissKate
- Start date
Souffs
Regardless it still stinks, and right to the core!!
Kevinward777
First Grader
Amazing isn’t it... an insurance company refuses to pay because they deem the injury to be pre-existing (Watmough/Burgess) yet Todd declares it to be a new injury and frees up the Rabbids cap.
So who’s corrupt? The insurance company or the NRL? Because they can’t both be right.
HappilyManly
Journey Man
One would think that the fact that this is an infection from his previous surgery, the Insurer would tell Sambo to sue his old Surgeon
Any accountants out there that can estimate the difference in tax paid on a 3.6M lump sum vs 360k per year for 10 years?
It would be a fair bit as in one hit he’d incur almost 50% tax, whereas at $360k a year almost half of that is concessional on some respect.
I’m no accountant but I’m guessing he’d save somewhere around $500k doing it that way.
And to be honest , $360k a year isn’t a bad income is it noting that he’d be free to earn in other ways if he chose.
I don't see why it is any different to any other injury that the surgeons are unable to successfully repair. The infection arose as part of the prescribed treatment for the existing injury.One would think that the fact that this is an infection from his previous surgery, the Insurer would tell Sambo to sue his old Surgeon
The only other explanation is that the shoulder injury requiring the surgery that led to the infection was unrelated to all the many previous, well-documented shoulder injuries he had. But surely that can't be correct!
HappilyManly
Journey Man
Sambo owns some Hipster Burger joint in the Eastern Suburbs with his brothers too. So a lump sum payout would not be financially beneficial as opposed to a regular 360k pa for SFA
Sambo owns some Hipster Burger joint in the Eastern Suburbs with his brothers too. So a lump sum payout would not be financially beneficial as opposed to a regular 360k pa for SFA
I sold a business once and opted to get the payments over 5 years , purely for the same reason.
It was done with a bank guarantee of course.
HappilyManly
Journey Man
I'm sure Rusty will pay him out and this whole charade is just for we numbnuts
HoldenV8
Journey Man
Its not hard to figure it out. Watmough, 1nglis, Burgess.....the NRL have been involved in all 3 to the point of even creating what many still believe is a bogus cultural ambassador role for 1nglis to help the process.
For all intents and purposes, they actually allowed the Worms to rort the system to get Watmough medically retired in their efforts to get back under the salary cap after rorting the system in the first place to be over it.
Like I said, its not hard to figure it out.
Peter C
Bencher
It may take ages to come to an agreement with the insurance company, and that's IF the insurance company agrees as readily as the NRL did regarding his injury, which is unlikely.
However for salary cap purposes, a quick decision has to be made by the NRL as to whether it was a chronic injury or not, it helps if you are a popular club by the look of things.
If it looks like rort, smells like a rort and tastes like a rort then it must a RORT. How stupid do they think we are?
Engineered by a numbnut fukwit who treats every rugby league supporter like your average vermin,dog or worm supporter.
Well.. I guess we all know now that there is a difference between the shoulder muscles you use playing footy, to the ones you use when you hoist some bikini clad lady up on your shoulders and dance around with her on them while partying on a boat.
#rort
#rort
It didn’t look like the infection was a bother at all.
Interesting review of medical retirements - see link but there seems to an anomaly in the approvals? Only two have been declined??
Wasn't GI also a medical retirement? Or maybe something else?
If you are on twitter you can read the whole thread by NRL phyiso. He goes into some detail on each of the cases - Skivvi and Snake went through some pain.
Regarding Inglis - allegedly he wasn't medically retired, He retired because injury stopped him performing at a level that met his personal standard. So he forfeited the remainder of his playing contract supposedly, so no penalty to their cap. But his salary for off field role was allegedly included in their cap. Wonder if anyone audited that process ? I'm assuming there is no monitoring of TPA's for non playing staff ...nudge, nudge , wink, wink
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