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http://www.dailytelegraph.com.au/sp...e/news-story/d3a2a1ddd3d33903ab4c14710f1aa8d9
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THE NRL will become a millionaires factory after offering staggering 48 per cent pay increase to its players but has warned — want any more and you will send the game broke.
The NRL has been locked in ongoing negotiations with the Rugby League Players Association (RLPA) regarding next year’s salary cap with talks as recent as last week. Discussions are said to have been positive as the groups work towards finally landing a resolution, with the RLPA presenting its most formidable and united front in the organisation’s history under the leadership of former AFL player Ian Prendergast.
Should the RLPA accept the NRL’s latest offer players’ salaries will jump a phenomenal 48 per cent over the period of the next collective bargaining agreement from 2018-2022 compared to what they earnt between 2006-12.
In the first year of the new deal the salary will increase by 32 per cent. The AFL trumpeted their most recent collective bargaining deal where players were given a 20 per cent salary increase, while cricket is in a state of turmoil as the players and the governing body fight over their payments.
The NRL’s offer will also take average salaries beyond $300,000 while the minimum wage will be $100,000, well above the $80,000 a year the average Australian earns.
The RLPA and the NRL seemed headed for a dramatic collision after clubs and the RLPA were left dumbfounded by the NRL’s original base salary cap offer of just $8.3 million in March. But a club source has told the Sunday Telegraph that figure has now jumped to $8.8 million in a proposal put to the RLPA and clubs last month.
An NRL spokesman refused to confirm the figures.
“We cannot comment further while the negotiations are under way but we are determined to give players a fair share of the funding while continuing to put money into grassroots Rugby League,” the spokesman said.
The NRL has proposed a salary cap of about $10 million in 2022 which would open the way for clubs to have two to three million dollar players per side. Sydney6–17°C
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Sharks destroy the Roosters NRL The NRL will become a millionaires factory after offering huge pay increase Michael Carayannis, The Sunday Telegraph July 2, 2017 8:00am Subscriber only THE NRL will become a millionaires factory after offering staggering 48 per cent pay increase to its players but has warned — want any more and you will send the game broke.
The NRL has been locked in ongoing negotiations with the Rugby League Players Association (RLPA) regarding next year’s salary cap with talks as recent as last week. Discussions are said to have been positive as the groups work towards finally landing a resolution, with the RLPA presenting its most formidable and united front in the organisation’s history under the leadership of former AFL player Ian Prendergast.
Should the RLPA accept the NRL’s latest offer players’ salaries will jump a phenomenal 48 per cent over the period of the next collective bargaining agreement from 2018-2022 compared to what they earnt between 2006-12.
In the first year of the new deal the salary will increase by 32 per cent.
LATE MAIL: Latest round 17 team news here
Boxing webpromo 650x100 (2).jpg
The AFL trumpeted their most recent collective bargaining deal where players were given a 20 per cent salary increase, while cricket is in a state of turmoil as the players and the governing body fight over their payments.
The NRL’s offer will also take average salaries beyond $300,000 while the minimum wage will be $100,000, well above the $80,000 a year the average Australian earns.
The RLPA and the NRL seemed headed for a dramatic collision after clubs and the RLPA were left dumbfounded by the NRL’s original base salary cap offer of just $8.3 million in March. But a club source has told the Sunday Telegraph that figure has now jumped to $8.8 million in a proposal put to the RLPA and clubs last month.
An NRL spokesman refused to confirm the figures.
“We cannot comment further while the negotiations are under way but we are determined to give players a fair share of the funding while continuing to put money into grassroots Rugby League,” the spokesman said.
The NRL has proposed a salary cap of about $10 million in 2022 which would open the way for clubs to have two to three million dollar players per side.
NRL CEO Todd Greenberg earns about one million dollars a year. Picture: Brett Costello This will mean the game will have more million dollar players than ever before with only a handful of stars — including Cameron Smith, Johnathan Thurston and Daly Cherry-Evans breaking that mark now. NRL boss Todd Greenberg earns about one million dollars a year.
Clubs are also on the brink of a massive financial payday with the NRL offering an average of $13 million a year for the next five years. But it comes with a heavy threat that the NRL will no longer bail out financially weak clubs. Financial strife could see clubs relocated or booted from the competition. Only two clubs made profits last year with the rest leaking a combined $53.4 million.
The NRL owns Newcastle and the Gold Coast Titans while they have significantly propped up St George Illawarra in recent times.
In a bid to stop the ‘arm’s race’ between clubs who spend millions of dollars trying to gain an edge off the field, the NRL will introduce a cap on football club spending next year.
Of the $8.8 million player payments — $400,000 is dependent on players maintaining good behaviour otherwise that money could be slashed. The NRL’s revamped proposal has the salary cap now landing at $9.5 million for a 30-man squad which includes a $100,000 motor vehicle payment, a $300,000 veteran player allowance and $300,000 to spend on a development list of six players. The RLPA wanted a $10 million salary cap from next year and a fixed revenue share of 29 per cent and have the backing of some of the game’s biggest names including Smith and James Maloney.
The NRL will have a zero tolerance for those clubs who have overspent on next year’s salary cap, warning teams they need to shed players before round one. It is understood at least two clubs will need to cull in order to be salary cap compliant."
"
THE NRL will become a millionaires factory after offering staggering 48 per cent pay increase to its players but has warned — want any more and you will send the game broke.
The NRL has been locked in ongoing negotiations with the Rugby League Players Association (RLPA) regarding next year’s salary cap with talks as recent as last week. Discussions are said to have been positive as the groups work towards finally landing a resolution, with the RLPA presenting its most formidable and united front in the organisation’s history under the leadership of former AFL player Ian Prendergast.
Should the RLPA accept the NRL’s latest offer players’ salaries will jump a phenomenal 48 per cent over the period of the next collective bargaining agreement from 2018-2022 compared to what they earnt between 2006-12.
In the first year of the new deal the salary will increase by 32 per cent. The AFL trumpeted their most recent collective bargaining deal where players were given a 20 per cent salary increase, while cricket is in a state of turmoil as the players and the governing body fight over their payments.
The NRL’s offer will also take average salaries beyond $300,000 while the minimum wage will be $100,000, well above the $80,000 a year the average Australian earns.
The RLPA and the NRL seemed headed for a dramatic collision after clubs and the RLPA were left dumbfounded by the NRL’s original base salary cap offer of just $8.3 million in March. But a club source has told the Sunday Telegraph that figure has now jumped to $8.8 million in a proposal put to the RLPA and clubs last month.
An NRL spokesman refused to confirm the figures.
“We cannot comment further while the negotiations are under way but we are determined to give players a fair share of the funding while continuing to put money into grassroots Rugby League,” the spokesman said.
The NRL has proposed a salary cap of about $10 million in 2022 which would open the way for clubs to have two to three million dollar players per side. Sydney6–17°C
NEWS SPORT ENTERTAINMENT BUSINESS LIFESTYLE REALESTATE VIDEO CLASSIFIEDS
search
Sharks destroy the Roosters NRL The NRL will become a millionaires factory after offering huge pay increase Michael Carayannis, The Sunday Telegraph July 2, 2017 8:00am Subscriber only THE NRL will become a millionaires factory after offering staggering 48 per cent pay increase to its players but has warned — want any more and you will send the game broke.
The NRL has been locked in ongoing negotiations with the Rugby League Players Association (RLPA) regarding next year’s salary cap with talks as recent as last week. Discussions are said to have been positive as the groups work towards finally landing a resolution, with the RLPA presenting its most formidable and united front in the organisation’s history under the leadership of former AFL player Ian Prendergast.
Should the RLPA accept the NRL’s latest offer players’ salaries will jump a phenomenal 48 per cent over the period of the next collective bargaining agreement from 2018-2022 compared to what they earnt between 2006-12.
In the first year of the new deal the salary will increase by 32 per cent.
LATE MAIL: Latest round 17 team news here
Boxing webpromo 650x100 (2).jpg
The AFL trumpeted their most recent collective bargaining deal where players were given a 20 per cent salary increase, while cricket is in a state of turmoil as the players and the governing body fight over their payments.
The NRL’s offer will also take average salaries beyond $300,000 while the minimum wage will be $100,000, well above the $80,000 a year the average Australian earns.
The RLPA and the NRL seemed headed for a dramatic collision after clubs and the RLPA were left dumbfounded by the NRL’s original base salary cap offer of just $8.3 million in March. But a club source has told the Sunday Telegraph that figure has now jumped to $8.8 million in a proposal put to the RLPA and clubs last month.
An NRL spokesman refused to confirm the figures.
“We cannot comment further while the negotiations are under way but we are determined to give players a fair share of the funding while continuing to put money into grassroots Rugby League,” the spokesman said.
The NRL has proposed a salary cap of about $10 million in 2022 which would open the way for clubs to have two to three million dollar players per side.
NRL CEO Todd Greenberg earns about one million dollars a year. Picture: Brett Costello This will mean the game will have more million dollar players than ever before with only a handful of stars — including Cameron Smith, Johnathan Thurston and Daly Cherry-Evans breaking that mark now. NRL boss Todd Greenberg earns about one million dollars a year.
Clubs are also on the brink of a massive financial payday with the NRL offering an average of $13 million a year for the next five years. But it comes with a heavy threat that the NRL will no longer bail out financially weak clubs. Financial strife could see clubs relocated or booted from the competition. Only two clubs made profits last year with the rest leaking a combined $53.4 million.
The NRL owns Newcastle and the Gold Coast Titans while they have significantly propped up St George Illawarra in recent times.
In a bid to stop the ‘arm’s race’ between clubs who spend millions of dollars trying to gain an edge off the field, the NRL will introduce a cap on football club spending next year.
Of the $8.8 million player payments — $400,000 is dependent on players maintaining good behaviour otherwise that money could be slashed. The NRL’s revamped proposal has the salary cap now landing at $9.5 million for a 30-man squad which includes a $100,000 motor vehicle payment, a $300,000 veteran player allowance and $300,000 to spend on a development list of six players. The RLPA wanted a $10 million salary cap from next year and a fixed revenue share of 29 per cent and have the backing of some of the game’s biggest names including Smith and James Maloney.
The NRL will have a zero tolerance for those clubs who have overspent on next year’s salary cap, warning teams they need to shed players before round one. It is understood at least two clubs will need to cull in order to be salary cap compliant."
