Titan's forced Manly into this. If they hadn't signed Elgey, I think Manly may have taken the cheaper option. I think the Titan's are better off with Elgey anyway. Manly are probably better off with DCE.
While I'm not really a fan of the contract, I understand the need. I'd have written a 80% goal kicking KPI into that contract myself. For that dough, he needs to be goal kicker, half and captain. Plus he needs to whore himself for any marketing Manly requires. He should retire with RSI on the wrist from signing supporter gear for all the local kiddies too.
I'd say it is closer to $10m for 8 seasons. I'd imagine he is on a proportion deal too. Hopefully up or down...
He is a good player and he is worth $1.25m per season. For that long though? If he retires due to injury, then that ends the contract for salary cap purposes I would imagine? It would be interesting to see what they have arranged there.