Which players in the NRL do you see as being a value investment that you would like to see Parramatta sign?
Often when we discuss player signings, we talk about a player's rumoured market price and their current form. Is that how we should be approaching player recruitment?
Or are we simply gambling and hoping we strike gold?
The way I'm running this little experiment, is to see if we can tie the investment frameworks of renowned investors Warren Buffett and Ben Graham into the NRL player market.
The approach is simple: Great players at a fair price.
That doesn't mean you can't target marquee players, or you're trying to sign Cleary on $500K/year.
It means you're identifying players who have a strong foundation to their game, with a track record that you can quantify.
If you bought them now, for a 4 year contract, would you be happy to have them at the end of that contract, or would you theoretically be able to sell them at a profit?
I had this discussion yesterday regarding Matt Burton.
The market probably rates him at $1m/year, but is that his underlying value to a club? What about his performances at Canterbury make him a million dollar player?
Or would he present an overvalued asset? Would you draw the line at $700k/year as his track record indicates that's where he tops out?
Could you compare him to Dylan Brown in that we saw $1.4m/year as beyond his actual value and that his track record indicated that remaining at Parramatta would represent a poor investment?
Criteria:
- Player of your choosing at any level
- What the market rate is
- What you would pay and why
- Which players you think would be overvalued/undervalued
- How would this align with our need to recruit outside backs?
Replies
HOE, possibly correct, but if Newcastle can sign Dylan Brown & Ponga on record deals, I feel there's a way.
Haha... I bet that kept a lot of accountants up at night.
Ha...I said 1.1m/1.2m to keep Dylan, HOE. Not 1m... Your numbers are very slippery in both directions, arent they. Almost as slippery as Daz's 'scapegoat'.
He was 950k/1m when we let him walk, which I think we can agree, has been a masterstroke.
No doubt, NOS. My late friend game me the secret answer to Kerry Packer's tricky question.
It was all very slippery. Elastic bands. Cigars. The works.
Was the answer something along the lines of, we can make 1+1 equal whatever you want it too?
My kind of slippery, HOE.
Exactly, NOS. Whatever you want. LOL
The Big Slippery.
To get Katoa it's 1.5 mill per season paying market values not doing it you have to put all the chips in the middle and make him the richest offer in nrl history to move him.1.2-1.3 isn't enough.That's what it cost to move DB if you want Katoa to be the face it's 1.5 10 yr deal making it the richest deal in nrl history.Salary cap is on the up so your offer has to reflect that.
Whyte same same you don't resign Jnr and push the chips in again it's 7 figures to get him out of the Roosters nothing less.
Coryn, you're probably on the money, tbh.
$1.5m for 10.
We're all Mad here and it's always tea time.
Mr Brown. Mr O'Sullivan. Eat your heart out.
I don't think we are mad I think with the competition around salaries for the best talent is going up and up that's just facts.Same old supply nd demand discussion here.
Its why we lost Kolomatangi.
Coryn, with Katoa, paying 1.3/1.4m on the cap with some juicy TPA's would be worth every cent, imo.
Save money on the workers, the forwards, the ones who aren't blessed with endless talent and will give you 110% every week. The Jack Williams, Dylan Walker types who give you value for cost.
It's a strategy that has worked for the Storm for 20+ years.
IMO only, Whyte is worth 900-950k to the Eels because its a huge roster hole that is impacting every other position.
It's not what either are worth mate you've got to give them deals that are irresistible that they just can't turn down.That's the only way you get guys like Katoa and Whyte.TPAs I don't even know if we use them but as you mentioned they'd be handy.
What there worth and getting them a sum to move are 2 different things we are attempting to use the latter.
If anything we've learnt from the DB deal it's exactly that.Everyone knows he isn't 1.3-1.4 mill per year player but that's what it cost Newcastle to get him to move.As above id suggest that's what it would cost to get those 2.
NOS, that's a fascinating train of thought. Many here will call you crazy, but I like the idea.
Realistically we are not competing next year, so the earliest window for us is 2028 anyway, and Moses is on the downhill slope now, so maybe it is time to move on.
To defer for one more year with the players and plan you've put there, I think it's a great idea. In fact it's what I'd hope our big wigs are considering every day when they sit down at their desk. Future planning is probably more important than next years roster in many ways.
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