bartman
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Ok, I have to be careful with what I say as it can be taken the wrong way by any legal party that might browse the forum. In that sense, I want to be respectful for the forum when I talk about this subject.
Essentially, the NRL has their own idea of what 'star' players should be getting under the cap, so as to limit how much of their salary can be subsidized by third party sponsors - apparently there are no limits to how much a player can be paid by third-party sponsors in general. This means that clubs that have more third-party sponsors may be able to get more star players with subsidized contracts under the cap than others, hence why the NRL tries to set an estimated value on them so that no club can gain an unfair advantage.
Again, this is purely speculations and I don't want it taken the wrong way. Whether you believe this or not is purely up to you - I am not sure if it is true, but if it is, then it explains why Edwards mentioned a salary cap issue and yet most still think Izzy will sign with us.
Interesting.
If Folau really wants to play for us, then he'll resist offers from other NRL clubs until the apparent bargaining process between our club and the NRL about his non-third party value is sorted. No-one can else stop the deal going through - by what you've said Boxy it's purely between our club and the NRL and the gap between our lower value and the NRL's higher value. It sounds like we can wear the higher of the two contract values, but are questioning why we should?
By publicly courting Izzy prior to and during the membership renewal period, the club is getting some much-need positive publicity about potential squad inclusions, at a time when people are making a decision whether or not to renew after two spoon-ish seasons. So you can see why the club has chosen to play this through the media, and tonight's Members email referred to above... imo it wouldn't be taking the same approach were renewals not currently at stake.