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Rugby League
Brisbane Broncos Talk
'Abysmal, unacceptable': Legends unload on Broncos
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[QUOTE="Dexter, post: 3018914, member: 1978"] This is my email and the full response FWIW If a player decides to retire 2 years into a 4 year contract will the remaining 2 years stay on the cap. If the club chooses to honour the financial agreement even though the player retired will that payment then be included under the cap. Thanks for your email. Any payment made to a terminated player is included in the salary cap. This agreement must be signed by the club and the player. Clubs may choose to split the amount included in the salary cap for the life of the contract (i.e. how many years a player is contracted for). Any payment prior to termination is also included in the cap. If he retires at his choice, the club should not be encumbered with a residual salary cap value unless they agree to a settlement. If the club tries to force the player to ‘retire’ he is entitled to negotiate a payout or not agree to be terminated and remain on contract. If a player retires mid season, the amount he has been paid to date is included. If there is a payout, this would also be included. In regards to medial termination/retirement, clubs must make two applications, one to the NRL for medical termination which still requires the club to pay the player but allows part or all of any termination to be excluded from the salary cap. The other is to the insurance company to cover the costs of the contracted termination players’ payments, in line with the terms and conditions of the insurance policy. I hope this helps with your query and we thank you for taking the time to write to us. Kind regards Robert Supporter Liaison [/QUOTE]
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Rugby League
Brisbane Broncos Talk
'Abysmal, unacceptable': Legends unload on Broncos
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