Canadian Club
Well-known member
- Joined
- Apr 13, 2023
- Messages
- 148
Salary Cap was 9.4million in 2022 and there was a 25% increase for the 2023 season. The cap was at 12.3million last season and has gone up again this season (not sure the figure).yes but those figures wouldn’t even match what some of the top clubs are paying their top players. Klem, Bateman and Bula (this stage) are overs.
Luai overs at this stage.
The three $500k kids are on slightly overs.
Still those figures above are probably what it cost Newcastle in 2018-19 to recruit Ponga, Pearce, Klemmer, Guerra on a lower total salary cap at the time.
The cap is now up around 9.4.
We must be paying our lower end of the squad a lot more than we think.
This should give a good idea as to why so many player salaries have jumped up quite drastically over the last year, particularly halves and bigger name players. Fans get so up in arms when they hear about these big salaries when players sign contracts, but don't really understand what the value is against the actual cap. In some cases, players get a bigger contract but are actually taking up less cap space.
To put this into context, a player on $800,000 a season in 2022 would be getting around 8.5% of the cap. 8.5% of the cap last season (2023) was around 1.05mil a season.