What's new
The Front Row Forums

Register a free account today to become a member of the world's largest Rugby League discussion forum! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Rumours and Stuff

Poupou Escobar

Post Whore
Messages
91,179
If I am honest I really cant remember anything about him but if that is all true then at 26 he could be a really solid signing. I would much prefer him than Api etc.

I cant imagine he is a huge money player so in the case that we are the least desirable club (next to Melbourne or someone else) perhaps we can afford to pay him more than the others to make sure we get him here.

Fingers crossed.
I'd say the main upside is that, unlike every other club, we can guarantee him a top 17 spot. Probably 80 minutes every week if he's capable.
 
Messages
19,387
Well if we take emjaycee as correct (and I'm inclined to agree with him here):


For cap purposes (not contract law purposes) it may suffice to report to the NRL at the end of the year "we paid an extra $400k to Player X this season above our initial estimate" and then next season estimate "$400k less than his registered contract amount for that year." Now obviously the NRL could reject this, but reading into Gould's comments it sounds like they are ok with that arrangement (probably dollar figures depending), although evidently with NRL management it would also depend on wording of contracts, clubs/players involved, time of day, bee migration patterns and a dartboard for them to decide

Edit - note @emjaycee I'm not putting words in your mouth, just agreeing with your general explanation on salary cap reporting procedure. I may be putting words in Gus' mouth, but that's better than what @hindy111 wants to put in there

The club can obviously report variances between expected and actual spend, due to contingencies in the registered contract (i.e. match payments, bonuses etc), and likely a small amount of miscellaneous stuff. But you aren't really suggesting that they could up a player's cap rating by 400k by just paying him mre than agreed.....are you?
 
Messages
19,387
Maybe he is just talking about doing what his words mean.

Player X is on a contract worth $400k for 3 years. You pay him in advance (prepay him) $200k this year above his $400k and then next year he only needs to be paid $200k to be even. It doesn't change his contract value.

The Salary Cap is a combination of what is registered in total contracts (a club needs to lodge a Salary Cap forecast at the start of a year) and also a summary of what was spent (lodged at the end of the year) as a true up.

@Poupou Escobar - FYI the salary cap year runs 1st Nov to 31st Oct.

Are you really suggesting that they can just pay the player $200k early and having it count towards this year's cap and not next year's? Obviously clubs report actual expenditure, because there are contingencies in contracts, and they eventually have to be settled up (well most of them). But just deciding to pay a player early is not the result of a contingency in the contract. Nothing stopping you paying the player early, but if the payment is made for services rendered and contracted for 2019, that's when it should hit the cap.
 

84 Baby

Referee
Messages
29,667
The club can obviously report variances between expected and actual spend, due to contingencies in the registered contract (i.e. match payments, bonuses etc), and likely a small amount of miscellaneous stuff. But you aren't really suggesting that they could up a player's cap rating by 400k by just paying him mre than agreed.....are you?
Gus is
 
Messages
19,387

He wrote on tweet in which he used the word 'prepay' and didn't mention 400k or anything like it.

If you can simply pay someone 400k of next years contract and have that removed from next year's cap, then clubs who have extended and re-structured contracts needn't have bothered.
 

84 Baby

Referee
Messages
29,667
He wrote on tweet in which he used the word 'prepay' and didn't mention 400k or anything like it.

If you can simply pay someone 400k of next years contract and have that removed from next year's cap, then clubs who have extended and re-structured contracts needn't have bothered.
I put the 400k in there as a placeholder. I already said I might be putting words in his mouth but if he was referring to front loading a contract extension, surely he could have said it more clearly. In terms of why it wasn’t done previously, it requires current cap space, who says it hasn’t been done and as I said it would probably need to be ratified
 

Latest posts

Top