Surely what a player purchases a property for cannot be considered under the Salary Cap. Even if he buys it for $1 their is no law in the land that says that someone has to sell something to someone else for a certain value.
If the Obeids want to buy a property for $2 million and then sell it to Darcy Lussick for $50 then who really cares, it's a third party deal between Obeid and Lussick.
Although I do believe the NRL gets a 15% cut of Third Party Deals...So perhaps the NRL just wants to make sure they've leached enough from the players. Parasites.
Btw, they're not Irish Baz (O'Beids)
No, they can buy/sell for whatever they like (the transaction is perfectly legal)....but...if I sell you a $10 bill for $8 bucks that $2 profit is assessable......and similarly if you sell someone an asset at a discount that can be considered as income for various purposes.
Think of it this way. If a Storm sponsor or third party bought a car for $50k and sold it to C Smith for $10, the transaction in itself is perfectly legal. However, both the ATO and the NRL may rightly think twice about its effect on C Smith's taxable income and the Storm's cap expenditure.
But as you say.....the other issue is the nature of the 3rd party deal (sponsor / non-sponsor etc).
