The Salary Cap
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sunshine_coast_tiger
New member
Firstly if you look at our squad against any other NRL side (bar 1-2) it looks very week and lacking in depth. If it is a level playing field we have a lot of ordinary players compared to other clubs.
From my understanding the reason we are at the cap is that we have overpaid many players in our squad. Many of them are on back ended deals which mean they get paid a lot more money in the last years of their contracts and less in earlier years.
In my opinion we have overpaid massively many of our young players to get them to sign 3-4 year deals, they are being paid well above their current level of ability in the hope they reach their full potential. To be fair a lot of clubs have been trying to cherry pick our best juniors and only time will tell if this is the right or wrong way to go.
In reality their is no salary cap for the top sides as you can put a player on minimal money and top him up massively with Third Party Agreements. This works great for clubs like the Broncos, Roosters etc that have plenty of high profile backers. For us we have bugger all sponsorship money let alone a lot of other Third Party money.
Our club is at a crossroads, only strong leadership can steer it back on course.
From my understanding the reason we are at the cap is that we have overpaid many players in our squad. Many of them are on back ended deals which mean they get paid a lot more money in the last years of their contracts and less in earlier years.
In my opinion we have overpaid massively many of our young players to get them to sign 3-4 year deals, they are being paid well above their current level of ability in the hope they reach their full potential. To be fair a lot of clubs have been trying to cherry pick our best juniors and only time will tell if this is the right or wrong way to go.
In reality their is no salary cap for the top sides as you can put a player on minimal money and top him up massively with Third Party Agreements. This works great for clubs like the Broncos, Roosters etc that have plenty of high profile backers. For us we have bugger all sponsorship money let alone a lot of other Third Party money.
Our club is at a crossroads, only strong leadership can steer it back on course.
Pawsandclaws
New member
To be fair, I believe the present management is attempting to address the issue. We know two of our senior players on good money have been called in and informed they are free to leave if they can find better elsewhere. Let's hope they can.
supercoach
Well-known member
Its not the cap we are broke
Pawsandclaws
New member
We also have to pay back the loan from the NRL.
Tiger_Watto
New member
'better elsewhere' is 1 of the problems… No NRL Team will meet or pay above a current registered NRL Contract. They would be stupid to do so [unless its Marty Taupau]!
They will only take Player A on ?#$% and we have to continue to pay the remainder of the registered contract.
This technically reduces our salary cap moving forward and is possibly one of the reasons we seem to exhaust the cap?
But realistically, I very much doubt we have exhausted our Salary Cap. I feel the Board has set a Salary Budget we must operate at, built around our income levels to ensure we trade responsibly.
They will only take Player A on ?#$% and we have to continue to pay the remainder of the registered contract.
This technically reduces our salary cap moving forward and is possibly one of the reasons we seem to exhaust the cap?
But realistically, I very much doubt we have exhausted our Salary Cap. I feel the Board has set a Salary Budget we must operate at, built around our income levels to ensure we trade responsibly.
Pawsandclaws
New member
Great post Tiger Watto. Perhaps with Tim Sheens heading for Salford there may be a chance he takes one or two of them with him!
@Tiger Watto said:
I'm almost certain you must spend "X" percentage of the cap. You can't operate too far under either, otherwise poor clubs would be funnelling large parts of their grant into the operational costs and perpetually run in the bottom four.
I think it is as simple as our cap has been grossly mismanaged with backloaded contracts, bringing players up through mass injuries, players on good coin not performing and locking up juniors on big money.
happy_tiger
Well-known member
We just need to become as ruthless as the other clubs at the top of the tree and become better at managing our cap , TPA's and bend every other rule as close to the wind as possible
andrew 474
New member
I think we may be at our own cap limit
Penrith are at there cap limit but that limit is lower than the NRL limit , going on what Phil Gould said
I would like to know who has been told to look also where to trim us up a bit more
Penrith are at there cap limit but that limit is lower than the NRL limit , going on what Phil Gould said
I would like to know who has been told to look also where to trim us up a bit more
stevetiger
New member
@Bones said:
I like this one. I don't get how we are close to the cap. I think we must be paying Robbie and Woods overs. That's all I can think of.
Tiger_Watto
New member
@Cultured Bogan said:
There is no rules in how much you must spend CB… Noyce successfully did it while at the club in the late 00's.
Same goes for the NRL Grant. Its intended to cover the Salary Cap, but clubs are free to use the grant as general income.
foreveratiger
New member
The money from the NRL is what is keeping us alive and that is probably the truth .
happy_tiger
Well-known member
@foreveratiger said:
But that is probably the case for 12 of the 16 teams FT
Very few would be making a profit
stevetiger
New member
@happy tiger said:
Exactly - I don't see this as an issue at all. TV rights are the big money earner.
supercoach
Well-known member
Its obvious to blind Freddie our cap is not the problem rather our bank balance. I think you will find a part of the salary cap money is going into day to day running of the club.
Said it before, its the classic catch 22…money will fix our problems but we can not generate money while the team is in the cellar
Said it before, its the classic catch 22…money will fix our problems but we can not generate money while the team is in the cellar
Cosimo_Zaretti
New member
@Tiger Watto said:
I did not know that, I thought the NRL had pretty much taken over payroll and were paying players directly. What you're saying is the cap money could be getting eaten up meeting the club's other obligations. With half the merger bankrupt, a lawsuit from our old coach and two unprofitable home grounds to maintain, Wests Tigers could take some big bites out of $5mil a year.
goldcoast_tiger
New member
@Tiger Watto said:
