The AFL has proposed handing a sizeable share of $55 million owed to men’s players to the AFLW cohort - a move that has incensed the players and been rejected by them in negotiations. | agerealfooty afl
The AFL owes the men’s players a staggering $55 million as a result of deals struck in 2017 and during the COVID-19 pandemic, an amount that is due to be paid to players’ retirement funds by the end of May.
The money is due to be paid into the men’s players’ retirement funds, with the amounts for each individual player based upon years of service, rather than the size of their contracts with clubs. The money owed was the result of a collective bargaining agreement that covered 2017-2022, which was renegotiated in 2020 and again in 2021 due to the pandemic. The players had their pay cut by about $100 million in 2020, but the view of the AFL bosses is that the players fared better than anyone else in the game financially during the worst of COVID and that the players should be prepared to give some of that $55 million owed to the AFLW - an outcome that would save the AFL and clubs millions.
The players agreed to defer those payments due to the pandemic and the resultant massive loss of income for the competition. The AFL and its clubs lost close to $700 million in revenue over the 2020 and 2021 seasons.
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