There is some intersting info about how the salary cap works in this article from News.com.au. Can anyone here confirm if the info provided is correct?
For those that don't care to follow the link, here is the text that matters:
Paul Kent revealed on NRL 360 that the Broncos let go of Isaako in part to cut their spending in the 2022 salary cap by five per cent, to allow them to spend that money next season.
“I spoke to the Broncos today and I asked why they would even let him go and they said, No.1, he wasn’t their first choice in any of the positions that he plays,” Kent said on NRL 360.
“Second to that, under NRL rules you have to spend 95 per cent of your salary cap.
“But if you only spent, for example 95 per cent, then that extra five per cent you can spend next year.
“So it means the Broncos can spend 105 per cent next year in their cap.
“What that then enables them to do is they have the likes of Selwyn Cobbo and Herbie Farnworth, who are all starting to come off contract again.
“They can upgrade those blokes and the guys that they have got to prioritise to keep at the club, they have got to have a little bit of cash up their sleeve.
“Given he has left after Round 1, he doesn’t have to be replaced in their top 30. They don’t have to find a 30th player again so that’s money saved.”
Replies
The more you know, i knew about the 95% cap needs to be filled rule, but not about the percentage carrying over to the following year and they do not have to fill the spot left in the 30. Fascinating.