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http://www.foxsports.com.au/story/0,8659,27084115-23209,00.html
The NRL has drawn up $3m plan to keep star players in rugby league
By Dean Ritchie
May 06, 2010
The NRL has drawn up a $3 million rescue package to stop league's biggest stars swapping footy codes in search of bigger pay packets.
The NRL will look at increasing the grant to each club by $100,000, lift the salary cap by $50,000 through either cash or concessions and increase representative match payments.
These bonuses, which would come into effect by June 30 this year, come as Israel Folau looks set to join the Melbourne Rebels Super rugby franchise and
Johnathan Thurston considers a rich European rugby union deal.
NRL chief executives were this week asked to compile detailed submissions on improving the salary cap through the collective bargaining agreement.
The annual grant to clubs is $3.35 million, the salary cap is $4.1 million. Clubs desperately want to bridge that gap but that may not occur until the new TV broadcasting deal is struck in 2012.
The representative match payments will be discussed through the negotiations next month.
A possible salary cap increase will be reviewed after chief executives submit reports by May 21.
"Closing the gap between the cap and the grant is important for the game," NRL chief executive David Gallop said.
"Part of the salary cap review will be to determine whether the cap should be increased directly or by way of an extension of current concessions.
"Clubs are very focused on closing the gap."
Asked would the extra money help to keep players such as Thurston in rugby league, Gallop said: "Increasing the cap may not necessarily stop players being offered big contracts. But we are conscious of doing what we can.
"We don't have a magic money tree and we have to keep clubs financially secure.
"And clearly we need to lift rep payments if we can afford too as well."