Signings, Suggestions & Rumours Discussion

Spoke to someone today with deep experience around professional sport, player finances and the NRL system generally. Came away thinking the whole ecosystem is far more complicated than most fans realise.

The PNG tax issues apparently aren’t straightforward at all from an accounting and structuring perspective.

The player agent system also sounds messy. I didn’t realise clubs effectively deduct agent commissions directly from player payments. It also sounds like agency arrangements can be very difficult for players to exit once signed.

More broadly, the impression I got is that rugby league still operates a bit like cowboy land in parts. Different ownership structures, different incentives and a lot happening behind the scenes that the public never sees.

Everyone still loves the game, but I did leave thinking players are probably not as well looked after as many people assume.
 
Just thinking though he isn't playing great. Wondering if dogs chip in or if he takes a pay cut...probably will cash in with PNG
Try to see if he can make it in the NFL as a punter next season, if not cash in at PNG. Either way he’d be making stupid money (minimum guaranteed is over $800k USD if he signs to the 52 man squad, or $17.5k per week on practice squad)
 
Spoke to someone today with deep experience around professional sport, player finances and the NRL system generally. Came away thinking the whole ecosystem is far more complicated than most fans realise.

The PNG tax issues apparently aren’t straightforward at all from an accounting and structuring perspective.

The player agent system also sounds messy. I didn’t realise clubs effectively deduct agent commissions directly from player payments. It also sounds like agency arrangements can be very difficult for players to exit once signed.

More broadly, the impression I got is that rugby league still operates a bit like cowboy land in parts. Different ownership structures, different incentives and a lot happening behind the scenes that the public never sees.

Everyone still loves the game, but I did leave thinking players are probably not as well looked after as many people assume.
players are pampered, with all the prof help from dieticians ,mind benders,etc etc.
And clubs being held accountable for sending a money transferre to their agent.lol
Very interested in any more news /info on the PNG tax issues if they come to light
 

Latest posts

Members online

Back
Top