NRL derails Inglis deal

[tookey]

LOL

http://www.abc.net.au/news/stories/2010/12/18/3096665.htm?section=justin

Greg Inglis' move to South Sydney has been thrown into doubt after the NRL released a statement saying all third-party payments made to the player will need to be included in the club's salary cap.

Souths will now need to prove to the NRL how it intends to fit the payments under its $4.1 million cap before Inglis' contract can be registered.

The NRL said the third-party agreements involving Inglis do not comply with the salary cap rules as they are not independent of the club

The statement said the third-party agreements involving Inglis were drafted by South Sydney and were in some cases revised with the sponsor by the club with no involvement from Inglis' manager.

The NRL also says the terms of one agreement "were concluded and confirmed between the manager and the club before the player's manager had any communication with the actual sponsor".

Inglis left the Storm at the end of last season after the Melbourne club was found to have rorted the salary cap system over five years.

The superstar centre made a move to Brisbane but that deal fell through when the Broncos withdrew their offer when Inglis refused to sign by the club's deadline.

The Rabbitohs swooped, tabling a three-year $1.8 million deal with $200,000 worth of third-party payments.

But that deal now looks unlikely as it seems Inglis was lured to the club through third-party deals, a breach of the salary cap rules.

"Given the circumstances under which Greg became available to South Sydney, nobody can have been under any doubt about the importance of ensuring his contract complied with the cap," NRL chief executive David Gallop said in the statement.

"The NRL had already required the Broncos to include third party agreements within their calculation of the contract value and was insisting legal fees also be included when those negotiations ceased.

"South Sydney had been advised to have all proposed offers reviewed by the NRL before making any commitments.

"They chose not to do so and it has taken some time to access all details of the agreements.

"It is unfortunate for Greg that he is in the middle of a difficult situation and I assured him this week that these issues do not reflect on him but that they are matters for clubs in assessing the offers that they make.

"He is one of the game's most highly valued players and we have assured him of that in no uncertain terms.

"That said the cap has to apply fairly to all clubs and one club cannot be allowed to do what others were prevented from doing.

"The rules on third party deals are clear.

"We have worked with clubs and players by substantially increasing the amount that sponsors can pay players through the $300,000 Marquee Player Allowance in 2011 but without rules on third party agreements there would be no point in having a salary cap system."

 

[Sundance]

You had to suspect the NRL were going to find problems with the third party deals just based on how long their review of the contract was taking.

It also makes a mockery of the third party sponsorship rules and regulations, if it seriously takes this long to sort through it all and make sure everything complies then it is blatantly obvious the third party sponsorship rules and regulations are way to blurry and are in immediate need of being overhauled and simplified.

In my opinion the easiest way would be to just make all third party sponsorship a part of the salary cap.

 

[Rusty]

You had to suspect the NRL were going to find problems with the third party deals just based on how long their review of the contract was taking.

It also makes a mockery of the third party sponsorship rules and regulations, if it seriously takes this long to sort through it all and make sure everything complies then it is blatantly obvious the third party sponsorship rules and regulations are way to blurry and are in immediate need of being overhauled and simplified.

In my opinion the easiest way would be to just make all third party sponsorship a part of the salary cap.

At this time of year getting hold of all the people involved, and having discussions with all of them about the exact timing of events would not be the easiest thing. The NRL would have to contact the responsible people at each of the companies involved, the players manager (Who by all reports has been spending a fair bit of time in France) and the club. Many of which would have known that this might turn out badly and therefore have been avoiding contact as much as possible.

The timing is whats in question here by the way. If the player manager had spoken to the third parties before the club spoke to the third parties it would have been acceptable, because it happened the opposite way it was ruled that the club organized the deals and therefore has to include them under the cap.

 

[Rex]

So how does the NRL approve Lockyer being on $250k for salary cap purposes if reporting is accurate?

There's third party deals and then there's third party deals?

 

[Andrew..]

If Souths were trying to hoodwink the NRL shouldn't they be held accountable for such actions ?
Inglis may at times be a great player, but as a person I have absolutely no respect for the man. See ya Greg !

 

[Fluffy]

innocent until proven guilty rex.

when lockyer moves the third party deals will come with him is the line. He will never leave the bongos.

2ndly the club doesnt do the third party deals there, its the thoroughbreds who are not sponsors and therefore independent f the club even though they get sponsors benefits in terms of player access, behind the scenes stuff that the average Joe can not.

 

[Sundance]

So how does the NRL approve Lockyer being on $250k for salary cap purposes if reporting is accurate?

There's third party deals and then there's third party deals?

I agree mate, the whole 3rd party deals stuff is a joke.  Its just as open to rorting as the old days where the Broncos and others had players wives/girlfriends on the payroll as cleaners being paid hundreds of thousands of dollars.

The whole thing stinks and is still unfair as a whole.

 

[The Who]

The Broncos have such an unfair advantage when it comes to third party deals that the NRL must bring in more clubs in or around Brisbane to level the playing field (if you'll excuse the metaphor).