No more salary cap sombrero gags! Roosters among the lowest in TPAs after overall drop in 2019
NRL Premiership
The Roosters are among the lowest clubs for recorded TPAs in 2019.Source: AAP
There has been a decrease in outside-the-cap payments among the 16 clubs of almost $2 million in 2019 following the NRL’s crackdown on third-party agreements to improve transparency.
And running counter-intuitively to the salary cap sombrero gags, the Roosters were the third lowest of all the clubs with only $69,000 worth of private sector TPAs. Although Cooper Cronk and James Tedesco benefited from whole of game sponsorship, which wasn’t included.
The Melbourne Storm were the highest with $810,000 this year, still down from the just over $1m they recorded in 2018 following the retirement of Billy Slater.
The NRL first made third-party agreements public last year in a bid to improve confidence in the integrity of the code’s contract process, and they did likewise on Friday — revealing that there was a reduction from $7.8 million of totals TPAs in 2018 to just $6 million this year.
There are various different TPAs — including motor vehicles, whole of game sponsorship and community and contra deals — but it’s the private sector arm’s length agreements that have been most eagerly placed under the microscope by supporters.
Of the $6m of TPAs in 2019, only $2.7m came from private sector arm’s length agreements, significantly less than the $4.7m 12 months earlier.
Only the Bulldogs, Eels, Knights and Tigers registered small increases in private sector TPAs, with the remaining 12 clubs experiencing a decrease from last year to 2019.
“These figures show a significant decline in the amount of third-party agreements across the game,” NRL chief operating officer Nick Weeks said.
“The reduction reflects the retirement of some of the game’s elite players and the effectiveness of additional checks and balances we have put in place to identify noncompliance with the rules are working. We recognised the genuine concerns our clubs and fans had about third-party agreements.
“That’s why we introduced more strenuous measures to ensure these arrangements are genuine arms-length deals. We are confident that this level of transparency about third-party agreements will improve confidence in the effective operation of the salary cap and reduce the amount of speculation and guess work about this part of the game.”
YOUR CLUB’S TPA FOR 2019
Brisbane Broncos: $349,852
Canterbury Bankstown Bulldogs: $59,680
North Queensland Cowboys: $15,667
St George Illawarra Dragons: $82,951
Parramatta Eels: $80,166
Newcastle Knights: $181,275
Penrith Panthers: $233,333
South Sydney Rabbitohs: $198,591
Canberra Raiders: $45,333
Sydney Roosters: $68,966
Manly Sea Eagles: $148,718
Cronulla Sharks: $211,952
Melbourne Storm: $809,998
Gold Coast Titans: $18,153
New Zealand Warriors: $27,591
Wests Tigers: $132,458
https://www.foxsports.com.au/nrl/nr...m/news-story/dd97dfd5529ee26499442dfb4e859e03
NRL Premiership
- December 13, 2019 9:29pm
- by Staff writers
- Source: FOX SPORTS
The Roosters are among the lowest clubs for recorded TPAs in 2019.Source: AAP
There has been a decrease in outside-the-cap payments among the 16 clubs of almost $2 million in 2019 following the NRL’s crackdown on third-party agreements to improve transparency.
And running counter-intuitively to the salary cap sombrero gags, the Roosters were the third lowest of all the clubs with only $69,000 worth of private sector TPAs. Although Cooper Cronk and James Tedesco benefited from whole of game sponsorship, which wasn’t included.
The Melbourne Storm were the highest with $810,000 this year, still down from the just over $1m they recorded in 2018 following the retirement of Billy Slater.
The NRL first made third-party agreements public last year in a bid to improve confidence in the integrity of the code’s contract process, and they did likewise on Friday — revealing that there was a reduction from $7.8 million of totals TPAs in 2018 to just $6 million this year.
There are various different TPAs — including motor vehicles, whole of game sponsorship and community and contra deals — but it’s the private sector arm’s length agreements that have been most eagerly placed under the microscope by supporters.
Of the $6m of TPAs in 2019, only $2.7m came from private sector arm’s length agreements, significantly less than the $4.7m 12 months earlier.
Only the Bulldogs, Eels, Knights and Tigers registered small increases in private sector TPAs, with the remaining 12 clubs experiencing a decrease from last year to 2019.
“These figures show a significant decline in the amount of third-party agreements across the game,” NRL chief operating officer Nick Weeks said.
“The reduction reflects the retirement of some of the game’s elite players and the effectiveness of additional checks and balances we have put in place to identify noncompliance with the rules are working. We recognised the genuine concerns our clubs and fans had about third-party agreements.
“That’s why we introduced more strenuous measures to ensure these arrangements are genuine arms-length deals. We are confident that this level of transparency about third-party agreements will improve confidence in the effective operation of the salary cap and reduce the amount of speculation and guess work about this part of the game.”
YOUR CLUB’S TPA FOR 2019
Brisbane Broncos: $349,852
Canterbury Bankstown Bulldogs: $59,680
North Queensland Cowboys: $15,667
St George Illawarra Dragons: $82,951
Parramatta Eels: $80,166
Newcastle Knights: $181,275
Penrith Panthers: $233,333
South Sydney Rabbitohs: $198,591
Canberra Raiders: $45,333
Sydney Roosters: $68,966
Manly Sea Eagles: $148,718
Cronulla Sharks: $211,952
Melbourne Storm: $809,998
Gold Coast Titans: $18,153
New Zealand Warriors: $27,591
Wests Tigers: $132,458
https://www.foxsports.com.au/nrl/nr...m/news-story/dd97dfd5529ee26499442dfb4e859e03
