The details of Hayne's new $400,000.00 Third Party Agreement have come out, and the person footing the bill is only to happy to speak about it:
Here's the quote that piqued my interest:
"Black is the owner and founder of TripADeal, one of Australia's fastest growing companies. He poured in $400,000 to get Hayne. That figure is also his yearly commitment to the deal."
"Black's money was being talked about in football circles. Chris Orr, the manager of Eels coach Brad Arthur, heard about the interest from Black and made an approach. Black wasn't interested at all. "I wanted to help the Titans," Black said."
He specifically said he was doing this to help the TItans, not to help Hayne as an individual. How is that considered "at arms length"? Let's refresh ourselves on how the NRL puts it again:
If a player is receiving money from any person as a way of inducing him to play for the club, then that money will be included in the Salary Cap.
https://www.nrl.com/nrlhq/referencecentre/salarycap/tabid/10434/default.aspx
So...is this $400k included in the Titans cap???
Replies
so what part of our 600k wasn;t countered in the salary cap blow out
are you saying we were also given 600k not included in the salary cap when we were done for breaching the cap
Oh wow I didn't realise they'd put the full $400k under Marquee Player Allowance - that's going to kick their butt come next year surely considering they'll have the full value of Peats to account for as well. Oh well, perfectly legitimate, and if that's the case then good luck to them. Still very glad we didn't tie that much up in Hayne.
Not Foran coz his was illegal third party's
Jennings?
TPA's are all bullshit!! - How is it a fair & equitable system, when one city clubs have a mortgage on all that is on offer in that city?? - You have a salary cap & no club should be allowed to spend more than that amount FFS!!
This would be better:- Players with more than 5 years service at the one club are allowed to go in the cap at 10% discount off their wage. Each club is allowed one marquee signing (& one only), who can be signed for anything at all & is outside the cap, - Strictly enforced & a hell of a lot easier than these dodgy deals done at the moment!!
If they've used that gees they've gone all in on Hayne.
If they haven't used that then this TOA is definitely not arms length.
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