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Taumololo's Big Payday

Arnold

Juniors
Messages
2,155
No matter what we did, opposition fans would criticize.

99% of NQ will be stoked with this great news.

I think a fair percentage of that 99% would also look at it with a non biased view.

A couple of point... firstly JT is doing himself no favours. At $1M a year it sounds huge but 700K a year was top dollar 2 years ago. In 5 years he will be 28 and top of the game. The top value then will be closer to $2M a year. He is better off signing 4 years and renegotiating.

Secondly if he gets an injury and then another one it's a very costly contract that has to be honoured. A huge risk v reward. He also isn't the other JT and won't be ever.

Good luck to him and the cowboys but no one ever finishes a contract like this.
 

perverse

Referee
Messages
26,758
Not sure why your getting all bent out of shape over this.

I'll be happy if they get 6 good years out of him. $1M by the next TV deal will be chicken feed.
You think you'll be happy, and assuming the cap will always rise over that sort of time period really is just guessing. At the moment we have 3 income streams for broadcast deals - radio, tv and internet. How many of those do you think will be relevant in another 10 years? Maybe all of them. Maybe.
Comparing him to Campo is pretty f**king insulting though..................
Jesus, be more precious? No-one is talking about their football ability but you. It's not surprising at all that you're happy about the deal - hell maybe I even would be in your situation. It's the blindness to any risk that fascinates me.
 

elyod138

Bench
Messages
3,063
Secondly if he gets an injury and then another one it's a very costly contract that has to be honoured. A huge risk v reward. He also isn't the other JT and won't be ever.

Good luck to him and the cowboys but no one ever finishes a contract like this.

What?
 

perverse

Referee
Messages
26,758
Run me through the great gamut of 23 year olds that have signed 10 year deals and not reached there potential.
Run us through the gamut of those that have?

Hell, run us through the gamut of 5 year deals that have worked out well for all involved.
 

Arnold

Juniors
Messages
2,155
It's clear that every NTH QLD fan both here and twitter thinks this is the greatest idea ever in the history of contracts.

Personally I dont and if the Sharks signed Val Holmes for 10 years or even jack bird for 3 at 2.7M I would be disappointed.

10 years for 10 million is a good bargain... but comes with plenty of risk.

Let's see how it plays out.
 

Canard

Immortal
Messages
35,999
Lot of salt in this thread.

This is the real story of the night is this tweet


Jt has been notified!! WTF??
 

Rudderriffic

Juniors
Messages
359
Run me through the great gamut of 23 year olds that have signed 10 year deals and not reached there potential.

That is why I said 'choice like this', I am not strictly talking about NRL players, or 10 years for that matter. This type of decision impacts people outside of sport also, I see it regularly in my industry where people comit to contracts in a job they are comfortable in and subsequently their drive for continuous imrpovement drops.

Here's some reading in regards to the 'contract year' phenomenon in sports. Your team just cost itself 2-3 of these cycles, in addition to gambling on his health over that period. They did this because they valued signing him long term, which I don't believe is worth it. Time will tell.
 

beave

Coach
Messages
15,685
Wether or not you agree with my clubs decision with this length of deal (i agree with you guys there is some risk involved with this but it is what it is) at least he will be playing our great game for the next 10 years. That is something every League fan should be happy with.
 

chrisD

Coach
Messages
14,810
8 mil over 10 years makes more sense than 10 over 10. The longer the contract the greater the risk and the more below current market value per year you should be paying.
 

perverse

Referee
Messages
26,758
Wether or not you agree with my clubs decision with this length of deal (i agree with you guys there is some risk involved with this but it is what it is) at least he will be playing our great game for the next 10 years. That is something every League fan should be happy with.
Absolutely.
 

RWB

Bench
Messages
2,814
Anyone who thinks he's signing a 10 year contract at a flat rate or 800k-1m per season is kidding themselves.

There would be all kind of pay rise percentages, performance bonuses, rep bonuses & minimum percentage of salary cap clauses written into that contract for days.

NQ wont be getting a bargain out of this, there is plenty of positives to having one club players but he's not going cheap unless he's got an absolute Muppet for a player manager.
 

Last Week

Bench
Messages
3,727
Considering Thurston will be retiring during that contract (odds of the Cowboys having the number one play maker in their team again in the next 10 years are slim) and the likely increase in the salary cap towards the end of contract, they'll be quite comfortable.

For Taumololo, it's a great bit of security for him. Means he can settle down there with no eye to moving out for 10 years. That certainty is comforting for him and his family.

Worst comes to worst, if either the club or Taumololo want to break the deal, it will happen. It's rare that when one party wants to enforce a contract, it's enforced.
 

Mig2006

Juniors
Messages
630
I'm stoked at this news - love Lolo - deadset beast. Let's get real for a moment and who's to say the 10 mil over 10 years is even accurate.

I'm guessing there'd be a 100 clauses in this contract. Let's be honest, the Cowboys front office are not stupid and neither is Lolo's management. Who's to say it's not a 5 year contract with optional extensions every year after that. I highly doubt the million dollars a season is accurate as most big big name players on big coin would be demanding a % of the salary cap. If the cap increases, so too does their salary. 1 mil a season for Lolo is a steal!

This is a great signing for the Cowboys - they lock up the best forward in the game and basically ensures that he will never play for another NRL club. If he wants to play NFL at some stage, there'd be possible outs for him. If he gets injured, I'm sure the Cowboys have possible outs as well.

Who knows, in 10 years time, the NRL may have sorted out all this player injury insurance bs and everything will be sweet either way!

GO THE COWS!!!
 

Knight76

Juniors
Messages
2,045
Contracts don't mean a lot to players these days, if they want out, they can generally get out.

Clubs on the other hand are in the weaker position. Want to get rid of a player and have to pay them to play for another club.

I know the deal is advertised for 1 mil per year for 10 years. If thats the case Tal has been ripped off. But who know what sort of TPA's are built in to that.

No matter the deal, it's a risk for the cowboys, the longer the term, the greater the risk.
 

Iafeta

Referee
Messages
24,357
If Taumololo isn't already the best player in the nrl then he is easily the best young player in the game.
At 8 million ($800k a season) it is an absolute bargain. In 5 years time 800k may be cheap for an elite player, with Taumololo locked up already it could be an astute signing. Cowboys may have not been able to keep him any other way, and if the choice was take a 10 year gamble or lose him I'd take the 10 year gamble any day, Taumololo is that good and that important to them. At the very least I can't see Taumololo failing over the next few years, giving you a few years to make other options. If he does get seriously injured then I think it'd be easy to pursuade him to medically retire with so much money promised.

Undoubtedly he will have provisions in the contract that his salary goes up commensurate with rises in the salary cap. And the figure bandied around is $1.1m
 

Iafeta

Referee
Messages
24,357
There's risk in everything.

But who doesn't sign the best player in the game at 23 to a long term deal, because "he could get injured".

Personally, I think the best any player would get from a new club is 5 years, maybe 6 if all the luck in the world falls their way. As much as the Cowboys were negotiating with Taumalolo they were negotiating against other offers. That is what makes it crazy. They could have signed him to age 28 and then reassessed.
 

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