Evening all,
can anyone with some common sense please explain how the NRL increase clubs salary cap over several years, then have Clubs work to that cap and it's limitations, only to then reduce the salary cap? JUST WTF is the NRL on about? So now Clubs suddenly have to work the so called magic to fit players that were under the cap, that may now be over the cap? Is it just me? What business operates like this? Oh and all the while talking expansion to another State and more distubingly to another Country all together.
My opinion, one dope has been replaced by another!
EE
Replies
It's called Covid 19 and resulting lost revenue. Never let a crisis go to waste.
https://www.rlpa.com.au/nrl-and-rlpa-secure-future-of-players-and-c...
Silly blog EE - how the feck are we supposed to know when it is clear the NRL have NFI themselves?
Go for job interview - you got the job on $50K pa.
Next month boss comes in and says - we revised out budget and you can only get $40K pa. for this year.
AND YOU WILL BE HAPPY!
Players agreed to this when they signed the CBA in 2019. They were demanding a percentage share of revenue, NRL said "okay, but if revenue drops, your income drops" and the RLPA agreed to it.
LOL Col, that pretty much sums it up!
It's a six per cent reduction. Top tier players are taking a pay cut to allow the bottom tier players and development contracts to not be reduced.
The players agreed to this in January, and it's part of the CBA given the RLPA wanted a share of revenue. Revenue dropped last year, so their payments dropped. No one is going to be put into salary cap stress because of this.
The salary cap has only gone down marginally, from $9.6m to $9.02m this year, and $9.11m down from $9.7m next year.
This has purely been as a result of COVID and its effect on gross revenues. It could have been a lot worse.
PVL & AA have done a brilliant job with the games finances
While yes it is only marginal, it's still 6% less than it would have been. I think it's also worth noting that the Salary cap in 2019 was about $9.4m and then $9.5m for 2020 (pre-covid). So where there would have been a couple percent increase over those two years, the cap is now 4% lower than the 2019 level. So anyone who signed a contract in 2019 may well now be looking at a pay decrease. This is all relevant in scenarios like what is playing out for Nathan Brown.
Yes, but there has been natural turnover in the games playing stocks. Some teams like the Titans were well below the cap in 19 & 20, then Manly & Cronulla were below anyway due to salary cap penalties. I'd reckon that the games total payroll would be roughly the same as it was the last couple of years.
your point is spot on, if the management was the old team and Todd, the players could be playing for half of what they are currently getting......Hello ......there is a real world out there boys
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