Eagleheart
Bencher
How the rich clubs are sidestepping the salary cap
SMH March 20, 2014
Roy Masters
Coaches fear the much touted "level" NRL playing field is tilting towards a handful of rich clubs, via a proliferation of Third Party Agreements (TPAs) which allow uncapped payments to players outside the official salary ceiling.
Cronulla's Andrew Fifita has been signed by Canterbury for $850,000, with the prevailing belief half this amount will be registered in the club's salary cap of $6.3m, with the other half legitimately recorded as a payment by non-club sponsors.
It means the Bulldogs can sign two front rows of talent, with only one effectively being counted in the cap.
Read more: http://www.smh.com.au/rugby-league/league-news/roy-masters-how-the-rich-clubs-are-sidestepping-the-salary-cap-20140321-hvksf.html#ixzz2wYiXL9Wf
SMH March 20, 2014
Roy Masters
Coaches fear the much touted "level" NRL playing field is tilting towards a handful of rich clubs, via a proliferation of Third Party Agreements (TPAs) which allow uncapped payments to players outside the official salary ceiling.
Cronulla's Andrew Fifita has been signed by Canterbury for $850,000, with the prevailing belief half this amount will be registered in the club's salary cap of $6.3m, with the other half legitimately recorded as a payment by non-club sponsors.
It means the Bulldogs can sign two front rows of talent, with only one effectively being counted in the cap.
Read more: http://www.smh.com.au/rugby-league/league-news/roy-masters-how-the-rich-clubs-are-sidestepping-the-salary-cap-20140321-hvksf.html#ixzz2wYiXL9Wf