Geoff Carr says Karmichael Hunt will get no retirement fund

[Kaz]

ARL CEO Geoff Carr says Karmichael Hunt forfeited his right to a share of the representative players' retirement fund when he "sold himself to the highest bidder outside rugby league".

Hunt's manager David Riolo said he would investigate whether his client is entitled to the reported $60,000 he put into the retirement fund in compulsory contributions through percentages of match fees from his 10 State of Origins and 11 Tests.

http://www.foxsports.com.au/story/0,865 ... 14,00.html

 

[Bucking Beads]

biggest load of crap i ever heard . Thats like denying someone there super payout . K will no doubt take this to court and win

 

[Fozz]

Well it's a loyalty fund. He's gone off to another code so surely he has forfeited that.

 

[Coxy]

Exactly fozz. Tahu, gasnier etc who went to union didn't get theirs either. It's a requirement you play out your career in rugby league.

 

[Jeba]

Tell K to get stuffed.

 

[Foordy]

Well it's a loyalty fund. He's gone off to another code so surely he has forfeited that.

His manager is claiming he is not going to another code but he is changing career entirely... what a load of shit :roll:

 

[Bucking Beads]

Exactly fozz. Tahu, gasnier etc who went to union didn't get theirs either. It's a requirement you play out your career in rugby league.

fair call then . I was not aware that other code jumpers did not receive there retirement fund

 

[Kaz]

The loyalty part would have been in the contract etc he signed.

I laughed at Karmichael is completely changing professions rather than just going to a competing code.

If he was starting to become a model, I could understand his manager saying that.

 

[Twiztid]

When Hunt puts on a hard hat and some high visibility gear then he has changed profession.

I find this quote funny from his manager

Riolo said he believed Hunt should be paid the money because of his "unique" situation.

What is actually unique about his situation? Manager is a wanker. Wonder how much he pocketed from the "unique" situation?

 

[ddd]

But if K put the money into the retirement fund, superannuation esq, as in he earned the money, then put it away, as he earned it, he should be entitled to it, and I believe this should extend to the other code jumpers too. However, if people understand the mechanics of the "retirement fund" more, I'd love to hear it

 

[bigjim]

He's on a $3,000,000 deal over threes years, I think. I really don't think he really cares about a $60,000 retirement fund.
If it's a retirement fund, he's entitled to it, but if a condition of payment is unbroken loyalty with league then his payment is obviously forfeited.

 

[Foordy]

But if K put the money into the retirement fund, superannuation esq, as in he earned the money, then put it away, as he earned it, he should be entitled to it, and I believe this should extend to the other code jumpers too. However, if people understand the mechanics of the "retirement fund" more, I'd love to hear it

I would assume that it is put into a contract that you forfeit this money should you leave rugby league to another football code. and last time i checked AFL is another football code

 

[Anonymous person]

But if K put the money into the retirement fund, superannuation esq, as in he earned the money, then put it away, as he earned it, he should be entitled to it, and I believe this should extend to the other code jumpers too. However, if people understand the mechanics of the "retirement fund" more, I'd love to hear it

From what I remember, half of all match payments (or something like that) for representative matches is put away automatically by the NRL, and you get it when you retire. If you leave the NRL to go to a competing sport, you forfeit the money.

 

[Jeba]

What if it was someone like Darren Lockyer for example? He has served this code greatly for the best part of 13 years and played 30 games for Queensland and 47 for Australia, which means his retirement fund would be worth a lot more than $60,000 I would assume. If he decided to have a go at Rugby Union to finish off his career, would he be denied this payment? To me it would seem unfair if that was the case.

Obviously someone like Karmichael doesn't deserve to have the rules bent after playing only a handful of Origins and Tests, but if it's someone like Lockyer, would they get the same treatment?

 

[ningnangnong]

ARL CEO Geoff Carr says Karmichael Hunt forfeited his right to a share of the representative players' retirement fund when he "sold himself to the highest bidder outside rugby league".

Hunt's manager David Riolo said he would investigate whether his client is entitled to the reported $60,000 he put into the retirement fund in compulsory contributions through percentages of match fees from his 10 State of Origins and 11 Tests.

http://www.foxsports.com.au/story/0,865 ... 14,00.html

Tell him he's dreaming.

 

[ningnangnong]

What if it was someone like Darren Lockyer for example? He has served this code greatly for the best part of 13 years and played 30 games for Queensland and 47 for Australia, which means his retirement fund would be worth a lot more than $60,000 I would assume. If he decided to have a go at Rugby Union to finish off his career, would he be denied this payment? To me it would seem unfair if that was the case.

Obviously someone like Karmichael doesn't deserve to have the rules bent after playing only a handful of Origins and Tests, but if it's someone like Lockyer, would they get the same treatment?

Yeah, you would think they'd judge each case on its merits.

 

[QUEENSLANDER]

cry me a river u stupid khunt

 

[Anonymous person]

Yeah, you would think they'd judge each case on its merits.

I would hope they don't - this is a rule that needs to be black and white. You retire, never play a competing code, you get your money. You leave the NRL and play a competing sport, you forfeit the money. No ifs, buts or maybes, regardless of who you are or how long you played.