We don't miss Folau at all but union would be even worse off without him. He is pretty much the only star they have

FFS anyone doubting that SBW wasn't a gun and a coo for the NRL just needs to have a look at the 6,000,000 threads started about him.
What do you mean kept around 750k? SBW is on their books from this year, they wouldn't need another 750k of space
Actually thinking about its a simple case of Eels shit management, surely they could have talked the guy into being a bit patient while the nrl ratified a contract for him which they did.
Don't blame the Roosters for being run like a great company and Eels for being run like a chook raffle, by 600 different factions.
EDIT: Looking forward to the reaction when Eels loose Hoppa to the Dogs, hopefully that will prompt the members to clean the board out.
A well run club would have no reason to keep this much cap space "spare" & I don't believe that Easts did this.
Lets do this again.
For 2012 we signed Dan Mortimer. We lost Todd Carney. Jason Ryles. Nate Myles. Dan Conn. Phil Graham, Mark Riddell and Kane Linnett. So you can clearly see here in 2012 Easts have kept cap space free so that we could secure SBW in 2013.
Maybe you need to have a long look at your own club rather than worrying about other clubs first. Parra can't sign Folau because they are crap.
