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Training Exemption

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From: Myles
This Post:
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260604.1
Date: 7/8/2014 3:37:19 PM
Overall Posts Rated:
323323
How many Canadians out there have more Training Exemption than me, I have 237k.

From: jeffjeff

This Post:
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260604.2 in reply to 260604.1
Date: 7/8/2014 6:49:34 PM
Overall Posts Rated:
6969
I'm not rich enough for that yet. Only at 75k. I'm sticking to training the cheap skills until I promote

From: Stajan
This Post:
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260604.3 in reply to 260604.2
Date: 7/8/2014 6:59:52 PM
Overall Posts Rated:
146146
Would've been around there at 235k if I hadn't let go of my decrepit long-term PG last season. Only 145k now.

This Post:
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260604.4 in reply to 260604.3
Date: 7/8/2014 10:33:32 PM
Headless Thompson Gunners
Naismith
Overall Posts Rated:
719719
Second Team:
Canada Purple Haze BC
$107,137

From: Fwinns
This Post:
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260604.5 in reply to 260604.4
Date: 7/9/2014 10:08:35 PM
V.A.W.T.
II.2
Overall Posts Rated:
331331
170 799$ here

From: Jay L.

This Post:
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260604.6 in reply to 260604.1
Date: 7/23/2014 8:59:19 PM
Overall Posts Rated:
1515
Okay... I'll bite.... what is "Training Exemption?"

From: Stajan

This Post:
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260604.7 in reply to 260604.6
Date: 7/24/2014 12:56:45 PM
Overall Posts Rated:
146146
Overextension tax is a tax on extra spending. If your expenses are higher than revenue, you will be taxed 50% on the amount you're overextended. Training exemption can come into play to absolve this tax. Training exemption is an exemption based on player salary you have personally increased through training, and your trained salary is deducted from expenses. Last part prob not explained well but no time.

Edit: you can see overextension and exemption details on economy page. It's at the bottom of the baseline weekly economy part.

Last edited by Stajan at 7/24/2014 12:58:29 PM

From: jeffjeff

This Post:
11
260604.8 in reply to 260604.7
Date: 7/24/2014 11:53:23 PM
Overall Posts Rated:
6969
To give a simple example

Your revenue is 100k

Your expenses is 150k

That gives a loss of 50k a week.

If you have 0 overextension tack on another 25k (50k*0.5) for the tax.

Now, how do you build up overextension? Let's say you have a trainee at 5k salary. You train him one season and his salary pops to 20k. That's 15k overextension you've built up.

If we redid the above scenario with 15k exemption you'd get the following

Your revenue is 100k

Your expenses is 150k

That gives a loss of 50k a week.

If you have 15k overextension tack on another 17.5k ((50-15)*0.5) for the tax.

The moral of the story is that the overextension tax basically promotes training players rather than buying salary monsters to win a season.

From: Jay L.

This Post:
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260604.9 in reply to 260604.8
Date: 7/26/2014 8:11:32 PM
Overall Posts Rated:
1515
Thank you Jeff & Stajan.... so I'm sporting 140k approx.... and didn't even know it.

From: Stajan

This Post:
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260604.10 in reply to 260604.9
Date: 7/27/2014 4:27:25 PM
Overall Posts Rated:
146146
Keep up that training. 2, or hell, even 3 of those Canadians (I remember Garvi looked nice on U21) could make senior NT. Jelly.

From: Jay L.

This Post:
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260604.11 in reply to 260604.10
Date: 7/27/2014 7:22:42 PM
Overall Posts Rated:
1515
Yeah, I've taken Garvi as far as I can... I could have pushed him a little further but I did not realistically think the NT would have worked, (I lost a whole season trying to get his OD to 12) and it would have completely ruined the two high calibre picks I had behind him to do so.

As it stands Garvi is probably in the top ten in Canadian SF's, and I'm content with that, (probably a top 50 Canadian player in general). I'm just grooming Rossignol and Lapointe on my team to take over every day starting responsibilities for me as my first round of "projects" that I started BB training are soon to retire, and after that I am going to hit the draft hard to dig up another genuine NT/U21 prospect.