Farah to SOUTH SYDNEY in 2017..OFFICIAL..

:sunglasses:

@cktiger said:
@bp tiger said:
ur right supercoach, the eels wanted to sign folau for $200,000 but the NRL told them that was to cheap and they would be accessed on what he was worth thus they did not sign him.

In that case nobody was paying the rest of his real value.
It may be different if the player is seen to be getting close to his real worth.
We would be insane to pay $800,000 of his salary to play somewhere else for a $150,000 saving.
Unless, of course, someone knows he'll never play first grade no matter what happens.

Yeah I'm pretty sure that's how it works, that the total value must be reasonable, even if multiple clubs are chipping in.

In other words, someone is footing the bill somewhere.
 
@jirskyr said:
:sunglasses:

@cktiger said:
@bp tiger said:
ur right supercoach, the eels wanted to sign folau for $200,000 but the NRL told them that was to cheap and they would be accessed on what he was worth thus they did not sign him.

In that case nobody was paying the rest of his real value.
It may be different if the player is seen to be getting close to his real worth.
We would be insane to pay $800,000 of his salary to play somewhere else for a $150,000 saving.
Unless, of course, someone knows he'll never play first grade no matter what happens.

Yeah I'm pretty sure that's how it works, that the total value must be reasonable, even if multiple clubs are chipping in.

In other words, someone is footing the bill somewhere.

I haven't seen the regulations but it sounds to me like the purpose behind that sort of rule would be to stop collusive agreements between clubs. If it is then the club that is fielding the player would be saddled with a minimum cap value that would be below market value, but no so far below that collusion was worthwhile.
 
@Nelson said:
@jirskyr said:
:sunglasses:

@cktiger said:
@bp tiger said:
ur right supercoach, the eels wanted to sign folau for $200,000 but the NRL told them that was to cheap and they would be accessed on what he was worth thus they did not sign him.

In that case nobody was paying the rest of his real value.
It may be different if the player is seen to be getting close to his real worth.
We would be insane to pay $800,000 of his salary to play somewhere else for a $150,000 saving.
Unless, of course, someone knows he'll never play first grade no matter what happens.

Yeah I'm pretty sure that's how it works, that the total value must be reasonable, even if multiple clubs are chipping in.

In other words, someone is footing the bill somewhere.

I haven't seen the regulations but it sounds to me like the purpose behind that sort of rule would be to stop collusive agreements between clubs. If it is then the club that is fielding the player would be saddled with a minimum cap value that would be below market value, but no so far below that collusion was worthwhile.

That's what it sounds like to me as well
 
cronulla have very creative accountants.how they manage to have so many state of origin players plus beale,barba lewis etc under the salary cap is amazing financial management.if any club can do a deal,its cronulla.
if cronulla is ever going to win the flag,it has to be this year.their playing strength next year should be lesser,if the salary cap is adhered to.
i do like the idea of robbie moving on and the wests tigers moving on.
but it has to be his decision.
on last nights footy show tommy radonikas took the manangement side and daryl brohmann took robbies side.
interesting listening to tommy.they did set him up a bit and he gave them answers which entertained.
 
There was all this talk of nominal cap values, but then how much are we paying Ballin, Grant and ET.

Grant is being paid by the Panthers and Souths so we can't be paying that much for him this season. So if we're paying no more than a third of his contract how is that representative of his nominal value?

Flanagan has commented directly on Robbie, but said something like: he's a quality player but we won't be looking into anything until after the season's finished.

Dragons seem far more likely IMO though
 
@Balmain Boy said:
There was all this talk of nominal cap values, but then how much are we paying Ballin, Grant and ET.

Grant is being paid by the Panthers and Souths so we can't be paying that much for him this season. So if we're paying no more than a third of his contract how is that representative of his nominal value?

Flanagan has commented directly on Robbie, but said something like: he's a quality player but we won't be looking into anything until after the season's finished.

Dragons seem far more likely IMO though

I believe the nominal value comes out of the team that takes the players cap, even if that team isn't paying. For example sharks could pay Farah 150k but have 300k taken from their cap if that is the nominal value the NRL insists on.
 
@Hbom said:
@Balmain Boy said:
There was all this talk of nominal cap values, but then how much are we paying Ballin, Grant and ET.

Grant is being paid by the Panthers and Souths so we can't be paying that much for him this season. So if we're paying no more than a third of his contract how is that representative of his nominal value?

Flanagan has commented directly on Robbie, but said something like: he's a quality player but we won't be looking into anything until after the season's finished.

Dragons seem far more likely IMO though

I believe the nominal value comes out of the team that takes the players cap, even if that team isn't paying. For example sharks could pay Farah 150k but have 300k taken from their cap if that is the nominal value the NRL insists on.

So if his contract is worth $900k, we would pay him $750 but only $600 counts on our cap?
 
@cktiger said:
@bp tiger said:
ur right supercoach, the eels wanted to sign folau for $200,000 but the NRL told them that was to cheap and they would be accessed on what he was worth thus they did not sign him.

In that case nobody was paying the rest of his real value.
It may be different if the player is seen to be getting close to his real worth.
We would be insane to pay $800,000 of his salary to play somewhere else for a $150,000 saving.
Unless, of course, someone knows he'll never play first grade no matter what happens.

Last year when the Roosters said that they would sign Farah for $50,000 the NRL said that they would not register Farah for that amount it would have to be $400,000 (or something like that not sure of the exact figure)
 
Heard Flanno say Cronulla didn't need the distraction of RF at the club,unless he was foxing or has since changed his mind.
 
@bathursttiger said:
@cktiger said:
@bp tiger said:
ur right supercoach, the eels wanted to sign folau for $200,000 but the NRL told them that was to cheap and they would be accessed on what he was worth thus they did not sign him.

In that case nobody was paying the rest of his real value.
It may be different if the player is seen to be getting close to his real worth.
We would be insane to pay $800,000 of his salary to play somewhere else for a $150,000 saving.
Unless, of course, someone knows he'll never play first grade no matter what happens.

Last year when the Roosters said that they would sign Farah for $50,000 the NRL said that they would not register Farah for that amount it would have to be $400,000 (or something like that not sure of the exact figure)

That's exactly right. The can't sign an origin level player for a ridiculous amount
 
@diedpretty said:
@innsaneink said:
@gallagher said:
So according to Hooper and Ikin another club can get him for as low as $150k. I thought that was false.

Yeah Id love to have this rule clarified once and for all

I cant be certain or able to give links but I thought the NRL said they would not register contracts that did not approximate the players value on the market as it is a form of salary cap rorting. 200k for Farah is nowhwere near his market value. I would say the NRL would allow 400k as a minimum.

They can't pay a tiny amount for a player like Farah, your right, that was the figure that was spoken of when Easts were looking.
How can these blokes like Hooper, whose so into league, not know that
 
@goldcoast tiger said:
@diedpretty said:
@innsaneink said:
@gallagher said:
So according to Hooper and Ikin another club can get him for as low as $150k. I thought that was false.

Yeah Id love to have this rule clarified once and for all

I cant be certain or able to give links but I thought the NRL said they would not register contracts that did not approximate the players value on the market as it is a form of salary cap rorting. 200k for Farah is nowhwere near his market value. I would say the NRL would allow 400k as a minimum.

They can't pay a tiny amount for a player like Farah, your right, that was the figure that was spoken of when Easts were looking.
How can these blokes like Hooper, whose so into league, not know that

Because it doesn't sell papers?
 
Hearing that the Tiger Sharks have NO interest in Farah!

Also hearing that the Tiger sharks secured Cherrington for 1 year at $80k…wow what a bargain...
 
@tigerap said:
Hearing that the Tiger Sharks have NO interest in Farah!

Also hearing that the Tiger sharks secured Cherrington for 1 year at $80k…wow what a bargain...

Cherrington must really want to leave then.
 
@gallagher said:
@Hbom said:
@Balmain Boy said:
There was all this talk of nominal cap values, but then how much are we paying Ballin, Grant and ET.

Grant is being paid by the Panthers and Souths so we can't be paying that much for him this season. So if we're paying no more than a third of his contract how is that representative of his nominal value?

Flanagan has commented directly on Robbie, but said something like: he's a quality player but we won't be looking into anything until after the season's finished.

Dragons seem far more likely IMO though

I believe the nominal value comes out of the team that takes the players cap, even if that team isn't paying. For example sharks could pay Farah 150k but have 300k taken from their cap if that is the nominal value the NRL insists on.

So if his contract is worth $900k, we would pay him $750 but only $600 counts on our cap?

I would have thought that what we pay him goes on our cap.
 
I would have thought that what we pay him goes on our cap.
You are correct the nominal value is if he was to sign for more than a season e.g.. the dragon sign Farah to $1.2mill over 2 years the NRL would determine the value.
 
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