http://www.foxsports.com.au/league/nrl-premiership/nrl-salary-cap-to-hit-7-million-by-2017-with-players-approving-five-year-deal/story-fn2mcuj6-1226574397525#.URWyyWfxklE
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The NRL salary cap will reach $7 million by 2017 after the players approved a new five-year Collective Bargaining Agreement.
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After months of tense negotiations, the RLPA confirmed a vote of 83 per cent from the entire playing group had finally ended the pay stand-off between players and the ARL Commission.
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The ARLC has yet to announce details, but The Courier-Mail can reveal the salary cap has now been set for the next five years, bringing clarity to clubs as they secure playing talent for the future.
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This year's cap has been set at $5.85 million, rising to $6.3 million in 2014, $6.55 million in 2015, $6.8 million by 2016 and $7 million in 2017\. Under the new heads of agreement the players will be able to renegotiate the CBA for 2016 if the game's revenue continues to increase at a rapid rate.
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In a statement RLPA boss David Garnsey said the new CBA went a "long way" towards achieving the RLPA's objective of establishing the best employment framework for elite professional athletes in Australia and New Zealand.
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Garnsey praised the NRL stars that led discussions at the negotiating table including Test skipper Cameron Smith, Petero Civoniceva, Robbie Farah and Paul Gallen.
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ARLC chairman John Grant said the deal was beneficial for players, both now and in their post-playing careers.
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"It's a very good deal and it recognises the value of the players to the code," Grant said.
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"But it also recognises the fact that players' futures need to be provided for after playing and it also recognises the short-term nature of some of the careers in rugby league."
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Read more: http://www.foxsports.com.au/league/nrl-premiership/nrl-salary-cap-to-hit-7-million-by-2017-with-players-approving-five-year-deal/story-fn2mcuj6-1226574397525#ixzz2KMgOpiEe
Now Humpty can sign Lote
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The NRL salary cap will reach $7 million by 2017 after the players approved a new five-year Collective Bargaining Agreement.
>
After months of tense negotiations, the RLPA confirmed a vote of 83 per cent from the entire playing group had finally ended the pay stand-off between players and the ARL Commission.
>
The ARLC has yet to announce details, but The Courier-Mail can reveal the salary cap has now been set for the next five years, bringing clarity to clubs as they secure playing talent for the future.
>
This year's cap has been set at $5.85 million, rising to $6.3 million in 2014, $6.55 million in 2015, $6.8 million by 2016 and $7 million in 2017\. Under the new heads of agreement the players will be able to renegotiate the CBA for 2016 if the game's revenue continues to increase at a rapid rate.
>
In a statement RLPA boss David Garnsey said the new CBA went a "long way" towards achieving the RLPA's objective of establishing the best employment framework for elite professional athletes in Australia and New Zealand.
>
Garnsey praised the NRL stars that led discussions at the negotiating table including Test skipper Cameron Smith, Petero Civoniceva, Robbie Farah and Paul Gallen.
>
Start of sidebar. Skip to end of sidebar.
>
End of sidebar. Return to start of sidebar.
>
ARLC chairman John Grant said the deal was beneficial for players, both now and in their post-playing careers.
>
"It's a very good deal and it recognises the value of the players to the code," Grant said.
>
"But it also recognises the fact that players' futures need to be provided for after playing and it also recognises the short-term nature of some of the careers in rugby league."
>
Read more: http://www.foxsports.com.au/league/nrl-premiership/nrl-salary-cap-to-hit-7-million-by-2017-with-players-approving-five-year-deal/story-fn2mcuj6-1226574397525#ixzz2KMgOpiEe
Now Humpty can sign Lote
