@swag tiger said:@happy tiger said:We would still have a fair few players on overs Farah ,Lawrence , Moses ,Brooks
The problem is other clubs have reduced their players costs with TPA's , we are improving but would still be in the bottom 3 clubs in this regard
Something I've heard (yes it's only a rumour ) , but what has caused the biggest issues is that some TPA's players have had have fallen through
what do you mean and what does TPA's stand for?
TPA means Third Party Agreement Swag.
It is a payment that can be made to the player by a party that is not the NRL or a club. There's two types of TPA's: one that is included under the cap, and one that is not. NRL clubs have a limit that affiliated third parties (i.e. sponsors of clubs, media broadcasters etc,) can pay out to players. The second type of TPA payment is basically anyone not affiliated with the club or NRL can pay whatever they want and it is basically unpoliced and is unlimited in amount for that reason (as you cannot stop a player from making money from his intellectual property, it is a restraint of trade.)
So for example:
Luke Brooks is offered $300K a year for his next deal, another club comes in and offers $350K. Brooks says he will stay if we can match the offer, but we have no more money to spend under the cap. Brydens Lawyers says "we'll chip in the extra $50K guys," and they top his contract up to $350K a year so Brooks will stay. But because Brydens is a club affiliated party as our major sponsor, it is covered under the TPA cap which I think is currently $600K.
However, say we'd maxed out our club affiliated TPA cap as well as the salary cap, this forum which has about 4,000 members could all chip in $12.50 each and we could raise the $50K to keep him on and the NRL can't do anything about that because we are not affiliated with the club or NRL. Brisbane have a team of guys called the Thoroughbreds who do this.