Afl Cba Agreement

As part of the revised agreement, the AFL and AFLPA also agreed to establish a working group to examine future revenue-generating opportunities, such as revised play and revised rules on independent agreements and trade restrictions for players. Each year of the agreement, the number of complementary agreements increases by 3% (3.8% in the first year). Club salary caps were increased by player marketing bonuses of $1.06 million. Additional service agreements available to the 18 teams will increase by 3.8 percent this year and 3 percent per season for the final five years of the six-year contract signed this week. This means that clubs will have to offer a total of $13.7 million to their players next season. The AFL and the AFL Players` Association have agreed to amend the collective agreement for 2021 in response to the lingering effects of the COVID-19 pandemic and have also agreed to develop a new agreement for the period 2022-2024. For the 2021 AFL season, a new collective agreement has been introduced, which aims to reduce primary lists to 38 and player payments. All additional revenue generated by the verification mechanism will be paid into players` pension accounts in years 3 and 6 of the agreement. This is in addition to an additional $6 million in funding in players` retirement accounts over the six years (now $15 million per year). Given the continuing uncertainties regarding the impact of COVID in 2021, the AFL and AFLpa have also agreed on a 2021 system in which players will participate in the upward financial trend if the sector`s actual football revenues exceed the AFL`s current forecasts and the overall amount of the sector should be lower than the AFL`s forecast. As part of the revised agreement, the AFL and AFLPA also agreed to establish a working group to examine future revenue-generating opportunities, such as revised play and revised rules on independent agreements and trade restrictions for players.

AFL General Manager Gillon McLachlan praised the 2021 variant and thanked AFL CEO Paul Marsh and AFL players for their full collaboration during the 2020 season and their willingness to work with the AFL and clubs to prepare for 2021. “I want to thank Paul and all the stakeholders for the sacrifices they have made this year and for their continued commitment to keeping our industry sustainable and strong while continuing to work on the continuing challenges of the Covid pandemic,” said McLachlan. “Our players have been fantastic in their approach to the game, and while everyone in the industry has had to endure pain, we recognize the importance of the players and the need to ensure that we have a system that continues to attract and retain the best athletes in the country.” AFLPA CEO Paul Marsh thanked the players for their commitment to the game in securing a revised CBA.