Ricky Nixon Claims He Rorted The Salary Cap As A Player Manager

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Just when we thought we'd heard the last of him...

In two remarkable Facebook posts, ex-player manager Ricky Nixon has claimed that he rorted the salary cap over 15 years ago in order to earn his clients more money.

In the first post, he describes his attempts to get a new million-dollar deal for superstar Wayne Carey.

North Melbourne had just won the 1999 premiership, and the AFL's salary cap was $2.5 million.

Here is how he says he got around it:

“I created a company owned by Wayne Carey called Carey Promotions Pty Ltd. Wayne contractually sold his Intellectual Property (his identity, likeness etc) to the company for $2,” Nixon said.

“The company then licensed Wayne Carey’s IP to Flying Start (my company) for exclusive exploitation. I then licensed Wayne’s IP to North for $400,000 non exclusively.”

Here is the post in its entirety:

Post

The second post surrounds Essendon champions, James Hird and Matthew Lloyd.

Nixon claims the Bombers were on their way to the 2000 premiership and were suffering similar financial pressures to keep their team together.

After the AFL had 'cracked down' on third-party deals following the Carey situation, Nixon says he pulled off the following:

“I registered the domain names www.jameshird.com.au and www.matthewlloyd.com.au, sold the domain names to Essendon for $250,000 each …. Salary Cap problem gone,” he said.

“Instead of 3%, the usual fee, I classed it as marketing deal and took 20%.

“The boys didn’t care they were $200K richer and i upgraded from the SAAB to a BMW and whacked a deposit on the holiday house at Pt Lonsdale.”

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22 February 2017




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