With the latest Salary Cap rorting stories about Parra and Nth Qld it got me to thinking about a Salary Cap system that can’t be rorted. Below is what I have come up with.
1. All players are valued for Salary Cap purposes by the Player Valuation Committee (PVC).
2. The PVC comprises 16 members with 1 member appointed by each club.
3. Every player is valued 6 months prior to the expiration of their current contract and that valuation will be used for year 1 of their next contract. Subsequent years are indexed to changes to the value of the salary cap.
4. A player is valued by each member of the committee independently on the basis of what their club would pay for that player as fair market value. That valuation is submitted to the NRL.
5. The NRL drops the 4 highest and the 4 lowest valuations and takes the average of the remaining 8 valuations.
6. Long serving players of 10 years for one club are exempt 100% from the calculation.
7. Same allowances as now for Marquee players.
8. 10% discount on any player that has come through your junior system.
9. No limit on what clubs can actually pay players.
Sure this means the wealthiest clubs can still get the best players in some positions, but not all positions and will stop clubs like Brisbane from understating the values across all players by using 3rd party payments.
Some refinement may be needed but it has to be better than what we have now.
1. All players are valued for Salary Cap purposes by the Player Valuation Committee (PVC).
2. The PVC comprises 16 members with 1 member appointed by each club.
3. Every player is valued 6 months prior to the expiration of their current contract and that valuation will be used for year 1 of their next contract. Subsequent years are indexed to changes to the value of the salary cap.
4. A player is valued by each member of the committee independently on the basis of what their club would pay for that player as fair market value. That valuation is submitted to the NRL.
5. The NRL drops the 4 highest and the 4 lowest valuations and takes the average of the remaining 8 valuations.
6. Long serving players of 10 years for one club are exempt 100% from the calculation.
7. Same allowances as now for Marquee players.
8. 10% discount on any player that has come through your junior system.
9. No limit on what clubs can actually pay players.
Sure this means the wealthiest clubs can still get the best players in some positions, but not all positions and will stop clubs like Brisbane from understating the values across all players by using 3rd party payments.
Some refinement may be needed but it has to be better than what we have now.