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"Storm Cloud" book details Melbourne Storm salary cap scandal
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[QUOTE="Morkel, post: 2516476, member: 8215"] The thing is, that's wrong. The NRL has never set a minimum or arbitrary figure for any contracts. The disputes have always come down to how much of their salary is included in the cap, not how much they are 'worth'. If Inglis was going to sign for Souths for $190k, and that's it, the NRL would be suspicious but would have no choice but to allow it. But Inglis wasn't going to play for $190k, he was signing a 'package' that was worth about $650k. Souths had just tried to get $460k on unsecured 3rd part agreements. The NRL went through each of these agreements and found just about all of them were for local businesses (which were dependent on him playing for Souths, which is not cap-exempt), or bankrolled by sponsors of the club (eg, ambassador roles). Therefore, the NRL deemed that $590k of his package was organised in such a way that it had to be included in the cap. Same goes for Folau. His package was apparently above $700k, but again, the vast majority of it was 3rd party deals. The NRL never 'softened' their stance on how much under the cap he should be signed for, the Eels were desperately sourcing 3rd party deals that were legit (not secured or conditional to the club), in fact, so were the NRL. They were doing their best to get him back to League by sourcing deals for him too, but it was all too late. Ever wondered how SBW was able to sign for $550k? Because he had absolutely zero third party deals in his contract. By the rules set by the NRL, every cent you earn, even externally, has to be declared for scrutiny. SBW's contract simply said there was nothing more than his Roosters contract. That's why he's signing one-year deals. He's off-contract after each season, all of his sponsorship / boxing / man-whoring etc gets paid to him while he's not contracted, then he signs a new one-year deal just as the season's about to commence. Like I said, it's never been about assigning a player a value. They really are earning that much. The contract they sign declares how much. They just bitch and moan to the media when the NRL call them out for their BS creative accounting. [/QUOTE]
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"Storm Cloud" book details Melbourne Storm salary cap scandal
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