"Lurker" Rumours

[Red&BlackBear]

Use the cash on Williams and a back up hooker for Segs next year.

 

[chrisD]

Can cover Segs with Brown and Foster. Taylor even.

 

[Big Mick]

I'd prefer to use the spare money to re-structure contracts to front end them so then we are in a better position 2 years from now to re-sign the likes of DWZ, Cartwright etc again.

 

[herbert henry1908]

I'd prefer to use the spare money to re-structure contracts to front end them so then we are in a better position 2 years from now to re-sign the likes of DWZ, Cartwright etc again.

Good point.

Also players and their managers would definitely go for this , as long as there aren't tax implications.

 

[chrisD]

I'd prefer to use the spare money to re-structure contracts to front end them so then we are in a better position 2 years from now to re-sign the likes of DWZ, Cartwright etc again.

Is it that simple? If it is it defeats the purpose of the cap.

 

[herbert henry1908]

Is it that simple? If it is it defeats the purpose of the cap.

If you're allowed to back end deals , I'm not sure why you wouldn't be able to.

 

[age.s]

Is it that simple? If it is it defeats the purpose of the cap.

Not really. It's just reward those who use it effectively.

 

[chrisD]

Of course it does, it allows you to save up cap space from one season and put it towards another, meaning you can write off some seasons to go for the prize in another. It clearly happens to some degree, it's a question of degree and are the rules flexible enough to allow us to do it on such a scale by altering existing contracts.

 

[franklin2323]

Of course it does, it allows you to save up cap space from one season and put it towards another, meaning you can write off some seasons to go for the prize in another. It clearly happens to some degree, it's a question of degree and are the rules flexible enough to allow us to do it on such a scale by altering existing contracts.

Teams do it all the time. I will give an example:

last year Roosters finished $300k under after the mid season releases. they approached the Warriors got Maloney released before the Nov 1 cutoff (as a player can't be contracted to 2 teams).

Paid him thhat money under last year's cap. Allowing them to pay him less this year as he agreed to x amount over 3 years. It's perfectly legal.

For ever we haven't used loopholes like this and fell behind.

EG Gus came in 2011 we had no cap space released Petero to re-sign Smith/Plum.

However we weren't claiming:

Long serving player $200k x 2 (Lewis, Waterhouse)
Marquee player $300k
3rd party payments $300k.

comes to $1m.

Even the geniused Leary could of got quality for that or atleast kept Pritchard etc.

We are now claiming these and more it's allowed a more quality allround squad (Well when useless Walsh is replaced)

When you have space you can't carry on to the next season but as long as it's atleast minimum wage you can adjust payments to players. Though it can't get to over the total contract for that player.

EG Grant 4 years at $1.6m. You can pay him anything each year just not exceed that $1.6m

 

[chrisD]

On an unlimited scale it's not a loophole, it's completely contravening the point of the cap and I have a difficult time believing the rules are that liquid as to allow you to pay out a player's whole multiple year contract under one season's cap.

 

[Dogs Of War]

On an unlimited scale it's not a loophole, it's completely contravening the point of the cap and I have a difficult time believing the rules are that liquid as to allow you to pay out a player's whole multiple year contract under one season's cap.

I don't think any player would agree to that. Really it just comes down to whether a player would like to knock off $40K straight off their home loan etc in one go by bringing it forward.

 

[chrisD]

That the rules are relying on players to knock back such offers would be rather chaotic, besides money will almost always be worth more today than it will tomorrow, it makes financial sense to take whatever you can get up front.

 

[franklin2323]

that liquid as to allow you to pay out a player's whole multiple year contract under one season's cap.

That wouldn't be allowed but instead of staying $300k under we pay $100k extra to Grant, Coote & Mckendry so next year we have $300k to work with.

Still spending the same cap as everyone else just re-structuring the cap.

the NRL have a basic rules to follow to agree to the contract. For example NRL wanted SBW's boxing money on the cap. Roosters didn't so it dragged out.

Parra last year wanted to pay Folau $100k this season the rest over the remaining years was knocked back.

Tigers a few seasons ago. Went over the cap assuming Farah & Gibbs would get long service discount they didn't lost a few players like Fulton etc

So they try to stop crazy things happening but there's plenty of loop holes. We need to use these or we stay shit forever.

 

[Big Mick]

On an unlimited scale it's not a loophole, it's completely contravening the point of the cap and I have a difficult time believing the rules are that liquid as to allow you to pay out a player's whole multiple year contract under one season's cap.

What you can do is say Re-sign Blake Austin, Matt Moylan etc to three year contracts now and instead of paying them $150-250k per year over three....structure it so it is 300 - 100 - 75 or something like that.

That way they also get tax benefit as instead of being on the top tax bracket every year they are there essentially only for 2 years, so net-net they get more money in pocket.

It is looking at re-signing guys that you want to re-sign next year...early and to structure the deal to take advantage of the cap space we have next year. So we can re-sign Moylan/Austin now and front load, but also re-sign guys early next year and have them front loaded so we can have a stack of cap space in 2015 going forward etc.

That's exactly how the Roosters were able to sign SBW/Maloney/Jennings on big deals in one year.

 

[franklin2323]

What you can do is say Re-sign Blake Austin, Matt Moylan etc to three year contracts now and instead of paying them $150-250k per year over three....structure it so it is 300 - 100 - 75 or something like that.

That way they also get tax benefit as instead of being on the top tax bracket every year they are there essentially only for 2 years, so net-net they get more money in pocket.

It is looking at re-signing guys that you want to re-sign next year...early and to structure the deal to take advantage of the cap space we have next year. So we can re-sign Moylan/Austin now and front load, but also re-sign guys early next year and have them front loaded so we can have a stack of cap space in 2015 going forward etc.

That's exactly how the Roosters were able to sign SBW/Maloney/Jennings on big deals in one year.

Yep. It seems shonky though we have struggled on the actual cap for 2011, 2012 and 2013. If we didn't back end we could of bought better players and wouldn't of been garbage. So we are are taking what was ours over the same length of time

 

[greynurse]

Yeah faster younger players can do that same job. Assuming no one off contract is resigned. We have the following on the books. We wont miss any of them.

Moylan.
Mansour.
Roberts.
Whare.
Robinson.
Soward.
Coote
Grant.
Sege.
McKendry.
Manu.
Brown.
Taylor:
Austin.
Kite.
Robinson.
Masoe -

Moss. Tighe. Naiqama. Satini. Jennings. Humble. John. Foster. RCG. VTK. Docker. KOD. Cherrington. Latimore.

 

[greynurse]

You don't have docker(had him in but should be lock along time) or plum in there the best tacklers in the nrl.