'Why is he re-signing...?' | Nate Caddy contract chat (16.07.26)
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Why is Nate Caddy’s re-signing being described as Essendon’s much-needed bit of good news?
Nate Caddy's been a big topic of conversation, Tom, hasn't he? Because he's re-signed this week the piece of good news that Essendon were desperately craving. I've got to say, though, I need your theory on the why. He wasn't out until the end of 2028. Essendon have won once in their last 30. Nate Caddy doesn't get to sing the song too often, and he's re-signed until 2031, which is his free agency year. Why has he done that, and why has he done it now?
So he's an incredibly loyal person. He's fully committed. Like he's the sort of guy I'm told that he's just all in and just loves the club. Even though since he last re-signed Sam in June, 2025, they've won one game and lost 17 to extend by another three years is amazing. Now I'm told it's not the money that we thought it might be. It's nowhere near $2 million a year. It's more like 1.5, which right now is probably overs to what he's worth. Definitely overs. What do you mean? Probably. That's overs right now. Let me finish. But by the end of his deal, 1.5 is unders. Yeah, you're paying on potential. But at the moment, it's miles overs.
Why did Nate Caddy choose to re-sign now instead of waiting until 2028 or later?
Yeah, but I think it's miles unders in the end. Well, it might be. I'm surprised that for, let's say it is 1.5 for 2029, 2030, 2031. That is well unders what he should be worth then based on what we think he's able to achieve. We think it will be unders. There's no guarantees. But yeah, if it keeps- But why is he re-signing if it's not overs is my point at the moment.
Well, that's my question to you. Well, my answer is that he's just an incredibly loyal person. You can be incredibly loyal. You already were loyal. You signed for another two years. You can be incredibly loyal and re-sign in 2027 or 2028. It's true. You don't even know who your coach is. Well, respect. Or does he? He says he doesn't. He says he doesn't.
How much is Nate Caddy reportedly being paid and is that deal considered fair now versus later?
Doesn't he? Let's hear from him, by the way. He sat down and he spoke with Channel 7.
I'm just so grateful that Essendon have backed me in. They obviously wanted me to get the contract done really quickly and backed me in for a long period of time. I was already contracted for two years. So just to not have that discussion, not have the thought of my teammates thinking that I'm leaving, a lot of the time that's half the battle. You want to have teammates who you can trust and if they're in and out and you're not sure what they're doing, it's kind of hard to...
you know fully fully trust them and fully you know go to war with them because it's um you know just it's just how just how things work so he wants to be part of the solution he wants to be part of the fix he wants to be there when it turns he wants to be the reason it turns i i get all that um it did break though initially i think you want to discuss this on afl nation because his old man was at it was at hearstbridge footy club for a function On a Friday afternoon. Friday afternoon. Might have got up and said, yep, Nate's re-signing. And I think I'll paraphrase him here, Tommy. One of the reasons he's re-signing is because James Hurd is coming into coach. Did he say a three-year deal or something?
He gave the tenure and everything.
No, no. He gave the tenure for Nate Caddy's contract. But he just said James Hurd's going to come in and be the coach. And Andy Ma then broke it on SEN Afternoons. And then Nate Caddy was asked yesterday about his dad's comments.
And let's just say his response wasn't overly convincing. It is what it is. He's entitled to his opinion. He doesn't know anything. I don't know anything. People online saying that I knew and that was why I signed on. It wasn't that. I think he just had an opinion and who he thought was the best for the club. I can't go back and tell him not to. He was a bit scared when he was getting phone calls and stuff saying, what have you done? His opinion. His opinion?
His opinion. I thought he stated it as fact out there. But that, obviously, we should never assume that he knows what's going on. But it does make you wonder. And we can wonder. I'm not reporting anything.
Could loyalty and culture be the main reasons Caddy committed long-term to Essendon?
I'm just wondering. So he manages Tom Petraro.
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Chapters
6 chapters
1
Why is Nate Caddy’s re-signing being described as Essendon’s much-needed bit of good news?
0:00–1:00
2
Why did Nate Caddy choose to re-sign now instead of waiting until 2028 or later?
1:00–1:36
3
How much is Nate Caddy reportedly being paid and is that deal considered fair now versus later?
1:36–3:36
4
Could loyalty and culture be the main reasons Caddy committed long-term to Essendon?
3:36–4:28
5
What did Nate Caddy say on Channel 7 about teammates, trust and wanting to ‘go to war’ together?
4:28–6:54
6
Did Nate Caddy’s father’s comments about the new coach influence the timing of the contract?
6:54–7:35