How much is DCE's contract effectively reduced by the 10 year service allowance and the Marquee player allowance ?? PSS .. other clubs would not get the 10 year allowance.
In the NRL, a "marquee player" allowance, as part of the salary cap, allows clubs to allocate a portion of their salary cap to a select group of high-profile players, with a cap of $1.1 million per club.
Here's a more detailed breakdown:
Here's a more detailed explanation:
Purpose:
The Long Serving Player Allowance was designed to incentivize clubs to retain players who had achieved a significant milestone of 10 years of continuous first-grade service.
In the NRL, a "marquee player" allowance, as part of the salary cap, allows clubs to allocate a portion of their salary cap to a select group of high-profile players, with a cap of $1.1 million per club.
Here's a more detailed breakdown:
- What it is:
The NRL salary cap is a limit on how much a club can spend on player salaries, but there are exceptions and allowances, including the marquee player allowance.
- Purpose:
The marquee player allowance allows clubs to sign and retain top-tier players, enhancing their team's competitiveness and drawing in fans.
- How it works:
Each club can allocate a portion of their salary cap to a designated number of "marquee players".
- Salary Cap:
The base salary cap for the top 30 players at each club is $11.25 million, plus an additional $0.3 million for veteran and developed player allowances and $0.1 million for a motor vehicle allowance.
- Marquee Player Allowance:
The marquee player allowance is an exception to the base salary cap, allowing clubs to spend more on certain players.
- Current Limit:
The allowance is currently capped at $1.1 million per club.
- Marquee Player Definition
A marquee player is an athlete who is considered exceptionally popular, skilled, or otherwise outstanding, especially in professional sports.
Here's a more detailed explanation:
Purpose:
The Long Serving Player Allowance was designed to incentivize clubs to retain players who had achieved a significant milestone of 10 years of continuous first-grade service.
- Mechanism:
The allowance added $100,000 to the effective salary cap, allowing clubs to retain these experienced players without exceeding the overall salary cap limits.