  We investigate the finite dimensional dynamical system derived by Braden and
Hone in 1996 from the solitons of $A_{n-1}$ affine Toda field theory. This
system of evolution equations for an $n\times n$ Hermitian matrix $L$ and a
real diagonal matrix $q$ with distinct eigenvalues was interpreted as a special
case of the spin Ruijsenaars--Schneider models due to Krichever and Zabrodin. A
decade later, L.-C. Li re-derived the model from a general framework built on
coboundary dynamical Poisson groupoids. This led to a Hamiltonian description
of the gauge invariant content of the model, where the gauge transformations
act as conjugations of $L$ by diagonal unitary matrices. Here, we point out
that the same dynamics can be interpreted also as a special case of the spin
Sutherland systems obtained by reducing the free geodesic motion on symmetric
spaces, studied by Pusztai and the author in 2006; the relevant symmetric space
being $\mathrm{GL}(n,\mathbb{C})/ \mathrm{U}(n)$. This construction provides an
alternative Hamiltonian interpretation of the Braden--Hone dynamics. We prove
that the two Poisson brackets are compatible and yield a bi-Hamiltonian
description of the standard commuting flows of the model.
