How is any of this possible?
The salary cap for 2023 was $12,100,000.
The 2023 NRL Premiership salary cap will increase to $12.1m in 2023 from $9.6m in 2022, a 25% increase.
The National Rugby League (NRL) is excited to announce the NRL and NRLW salary cap for season 2023 at a new record-breaking level for both male and female players.
www.nrl.com
Each club got $5,776,470 on top of the $12,100,000 in 2023.
However, the NRL has increased payments to clubs in recent years. In its annual report, the NRL reported distributions to clubs of $98.2m in 2023 in addition to the payments to cover player salaries, a 33% increase on the previous year.
Discussions are underway for each of the 17 rugby league clubs to receive an additional $2m per year from the NRL
amp.theguardian.com
That's a total of $17,876,470 per club. Each club is demanding an extra $2,000,000 to their annual grant alongside a one-time payment of $3,529,411.
NRL clubs could reportedly be paid $60 million between them, meaning each team would receive $3.5 million as a lump sum under terms being discussed by the league.
Club powerbrokers, however, are seeking an additional $2 million for five seasons form 2028, when the PNG franchise would likely enter the comp, on top of player payments.
PNG expansion bid hits $170m roadblock as NRL clubs’ demands revealed
www.foxsports.com.au
The ARLC has to find an additional $34,000,000 per annum to meet the clubs' demand.
The broadcasters haven't stated they'll stump up an extra $34,000,000 per annum for a PNG team they do not want. Nor have they said they will provide extra money for teams in Perth and Christchurch. If the broadcasters tell V'landys they're not funding his expansion plan then he's reliant on Labor's grant to meet the club's demands or raise revenue from other sources.
If $230,000,000 of Labor's $600,000,000 goes towards the existing NRL clubs then it's a f**ken rort and tax payers won't be happy. Journalists from the News Ltd papers will focus on it to generate hysteria from their readers.
On top of this, the other expansion hopefuls who get the other two licences are expected to provide an entry fee.
Do the Christchurch bids and Bears have the money to cover an entry fee?
It looks like the clubs are trying to price all expansion hopefuls out of a licence so they can keep the competition to just 18 teams.
There's only one bid that might have the resources to cover these expenses on their own. Brisbane Tigers.