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THE AFL is prepared to block Sydney's nine-year, $10 million offer for Lance Franklin because it could destroy the club's list if he retires early.
The league will investigate a potential $4 million-plus payout to Franklin that could be included in a single year if the 26-year-old is delisted or walks away after only five seasons.
The AFL will be prepared to save Sydney from itself by blocking the deal or ensuring the Swans significantly alter it.
The AFL confirmed it would investigate the deal, interviewing key Sydney officials to ensure they understand the ramifications if the deal backfires.
"As part of the review process by the AFL's Legal, Integrity and Compliance Depart-ment, key people involved in the proposed Franklin arrangement — at this stage a non-binding offer of a nine-year deal — will be interviewed in the coming days,'' the league said in a statement.
Brisbane captain Michael Voss was paid $1 million in the 2007 salary cap under the final year of a back-ended deal despite being retired, a situation the league does not want multiplied over three or four years.
The Herald Sun believes the Swans' 9.8 per cent cost of living allowance is all but dead, pending an AFL Commission decision.
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Sydney's move to lure Franklin has effectively killed it off, despite GWS boss David Matthews saying yesterday the club wanted extra funds to lure players to western Sydney.
The league is already reviewing the cost-of-living allowance, with AFL executives Andrew Dillon and Mark Evans to fast-track a recommendation to the AFL Commission.
But the expectation is that Sydney's extraordinary offer for Franklin, a year after the $900,000 a year Kurt Tippett coup, will see the allowance phased out.
That could happen over as many as three seasons, but the league is expected to respond to the competition-wide outrage over its use by Sydney.
Blame ... Lance Franklin's move has been met with a severe backlash. Source: News Limited
It is also understood any official application from Sydney to use Franklin as an AFL-paid ambassador would be immediately blocked.
Sydney would be unlikely to even lodge an application given the AFL's dim view of the deal, even though GWS was a strong chance to have it approved as an expansion club.
Under AFL rules, if a player is delisted or retires early all of their salary must be included in a single year of the club's salary cap.
The only way around that rule is to keep a player on the list despite them not playing, spreading the money out over several years. (please keep in)
Franklin's deal is believed to be short of $1 million a season for the first two years, with a huge spike in years 3-8, before a drop-off in the final year.
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So if he played until 31, then retired, Sydney could be forced into paying four seasons worth of a deal in one year of their cap.
It would effectively mean they could not field a list given the salary cap commitments to Franklin, which is why the AFL is so determined to scrutinise the deal.
Sydney is determined to blow rivals including Greater Western Sydney out of the water with the nine-year deal.
But the league could eventually tell them to reduce the length of the deal or even out the payments over the term of the deal before it gives it the all-clear.
Hawthorn is not expected to match the deal in any way, despite getting a draft pick that could be as low as 20 as compensation.
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