Who is paying out his contract, South's or the insurance company?
Souffs
Who is paying out his contract, South's or the insurance company?
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.Souths
One would think that the fact that this is an infection from his previous surgery, the Insurer would tell Sambo to sue his old SurgeonAmazing 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.
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?
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![]()
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 SFAIt 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.
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'm sure Rusty will pay him out and this whole charade is just for we numbnutsI 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.
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.
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.What media outlets have stated that the insurance company did not pay the claim for Bugess? All the NRL wanted to talk about in regards to the Watmough case was the insurance company had the last say.
Engineered by a numbnut fukwit who treats every rugby league supporter like your average vermin,dog or worm supporter.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?
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.Wasn't GI also a medical retirement? Or maybe something else?
Team | P | W | L | PD | Pts |
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7 | 6 | 1 | 54 | 14 |
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6 | 5 | 1 | 59 | 12 |
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8 | 5 | 2 | 39 | 11 |
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6 | 4 | 2 | 53 | 10 |
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6 | 4 | 2 | 30 | 10 |
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8 | 4 | 4 | 73 | 8 |
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7 | 4 | 3 | 40 | 8 |
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7 | 4 | 3 | 24 | 8 |
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7 | 3 | 4 | 17 | 8 |
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7 | 4 | 3 | -8 | 8 |
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8 | 4 | 4 | -60 | 8 |
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8 | 3 | 4 | 17 | 7 |
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6 | 2 | 4 | -31 | 6 |
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8 | 3 | 5 | -55 | 6 |
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7 | 2 | 5 | -29 | 4 |
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7 | 1 | 6 | -87 | 4 |
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7 | 1 | 6 | -136 | 4 |