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Exactly right. If you were an elite player you would not want to sign such a stupid deal. Instead of receiving $1m per year x 10 years, you would simply want to receive 10% of their cap per year for 10 years.
#winning
I thought the NRL were frowning upon percentage based contracts? Surely the club would be.How do you know that's not what he is actually signing up to and the people reporting it are just guessing what a 10 year deal would be worth.
Anyway I can't see the salary cap suddenly doubling, even over 10 years. If it does go up dramatically, it'll be closer to the end of the 10 years when you'd suspect he wouldn't be playing at quite the same level anyway