Please have a look at the contract registered with the NRL at 700k. I have this number in good authority and I believe it was reported at the time.
TPA plus an NRL marketing contract together valued at 500k.
@possm, mate I do not have access to the registered contracts held by the NRL.
I do know that every site I have looked at has Teddy on between 1 to 1.25 mil.
As mentioned above, the NRL holds the rights to player images, etc. Heck, there was an uproar ( rightly so by the way ), when the NRL gifted Cam Smith's wife a ring if I recall.
If a player has become the face of the game, be it via NRL media and he then improves his own profile then he would certainly be an attractive investment for 3rd party agreements. I don't think there is a cap on those.
The NRL simply can't pay him with "under the cap " money to alleviate the pressure for the Chooks.
From all the reports I have seen ( pre Covid ), he was to enter into a new deal worth 1 mil, then 1.25 mil thereafter for 5 years.