How the Canterbury Bulldogs threw their salary cap into disarray with reckless spending

Status
Not open for further replies.

TalDog

Kennel Enthusiast
Joined
Jul 20, 2011
Messages
3,126
Reaction score
2,241
Michael Carayannis, Exclusive, The Sunday Telegraph
August 13, 2017 6:00am Subscriber only

IT is the multimillion-dollar spending spree which has left Canterbury’s salary cap in disarray with their failure to heed multiple warnings by the NRL leaving the game’s governing body unsympathetic to their plight.

It could also cost the club star recruits Kieran Foran and Aaron Woods, whose contracts are yet to be fully ratified by the NRL.

The Sunday Telegraph can reveal the Bulldogs have been in constant discussions with the NRL about strategies surrounding their salary cap dilemma with fears they could have overspent by up to $1 million.

But the NRL has little sympathy for the Bulldogs who have blatantly disregarded a stack of warnings to curb their spending spree.

Canterbury’s poor on-field performances have not helped with the players they were hoping to move on now becoming less attractive.

Rival clubs are also aware of the Bulldogs overspending, so they hope they can capitalise by securing a bargain buy.

On March 30 and again on April 20, the NRL gave all club CEOs salary cap guidance of $9.14 million for 2018 — this despite suggestions the cap could be as high as $10 million at the end of last year.

Since these warning the Bulldogs have added almost $2 million worth of talent after signing Woods (approximately $700,000), Foran ($900,000) and Fa’amanu Brown ($150,000).

The trio were announced in May. Negotiations with Foran and Woods were well advanced when the NRL shocked clubs with their original salary cap offer of $8.3 million.

That same month the Bulldogs also offered contract extensions to William Hopoate ($500,000), Marcelo Montoya ($100,000), Kerrod Holland ($150,000), Reimis Smith ($100,000) before re-signing Danny Fualalo ($100,000) and Adam Elliott ($150,000) in June.

It is understood some of these players are on back-ended contracts.

The Bulldogs declined to comment on Saturday.

Woods and Foran have only been provisionally registered by the NRL’s salary cap auditors after the Bulldogs provided the NRL with a plan to be under the proposed salary cap by round one.

There is no guarantee the contracts of Woods or Foran will be fully registered by the NRL — meaning they may not be free to turn out for their new club next year.

The NRL required a salary cap plan for the duo to be provisionally registered, which included off-loading a host of players, but poor form coupled with rivals knowing Canterbury must shed players has made the task of moving players on more difficult.

While the Raiders are another club which has overshot the NRL’s proposed salary cap their only new arrival for 2018 is Warriors rookie Erin Clark, who joined the club midway through this season.

The squeeze on the Bulldogs cap comes with the likes of Greg Eastwood and James Graham receiving big pay rises next year because of back ended deals.

While the Bulldogs have added internationals Woods and Foran, they have shed just one contracted player — prop Sam Kasiano who will join Melbourne.

But even then it is understood the Bulldogs will contribute some of Kasiano’s Storm wage.

Favourite son Josh Reynolds will depart the club for the Tigers but he was not contracted beyond this season while hooker Michael Lichaa won’t be retained.

On June 15 there was a meeting of club chief executive’s and chair people where the Bulldogs proposed introducing a “soft” cap for next year while the prospect of “grandfathering” payments has also been suggested.

This could allow the Bulldogs — for example — to be $400,000 over the salary cap for next year but play under a reduced salary cap of $100,000 per year for the following four seasons.

The NRL are unlikely to show any leniency to those clubs which are not compliant by the start of round one.

Bulldogs chairman Ray Dib is manoeuvring behind the scenes to gather support to ensure the NRL’s salary cap is raised to at least $9.5 million.

He will host a lunch for select rival club bosses on Monday to try and gain support.

Clubs do have plenty of power. All that is needed is five disgruntled clubs to stick together and they could block any salary cap agreement struck between the NRL and the Rugby League Players Association which has the potential to send the game into further chaos.

But at this stage it is unlikely Dib would “have the numbers” to force the stalemate.

It could also cost the club star recruits Kieran Foran and Aaron Woods, whose contracts are yet to be fully ratified by the NRL.


Hopoate signed when we were in trouble on 500k and why were the signings of Remus smith and holland essential when we were up shit creek

Surely dub and Hasler have to go this is beyond belief
 

Magilla

Kennel Established
Joined
Oct 12, 2016
Messages
829
Reaction score
885
Michael Carayannis, Exclusive, The Sunday Telegraph
August 13, 2017 6:00am
Subscriber only
IT is the multimillion-dollar spending spree which has left Canterbury’s salary cap in disarray with their failure to heed multiple warnings by the NRL leaving the game’s governing body unsympathetic to their plight.

It could also cost the club star recruits Kieran Foran and Aaron Woods, whose contracts are yet to be fully ratified by the NRL.

The Sunday Telegraph can reveal the Bulldogs have been in constant discussions with the NRL about strategies surrounding their salary cap dilemma with fears they could have overspent by up to $1 million.

But the NRL has little sympathy for the Bulldogs who have blatantly disregarded a stack of warnings to curb their spending spree.

Canterbury’s poor on-field performances have not helped with the players they were hoping to move on now becoming less attractive.


The Bulldogs plan to pay Kieran Foran almost $1 million per season.
Rival clubs are also aware of the Bulldogs overspending, so they hope they can capitalise by securing a bargain buy.

On March 30 and again on April 20, the NRL gave all club CEOs salary cap guidance of $9.14 million for 2018 — this despite suggestions the cap could be as high as $10 million at the end of last year.

Since these warning the Bulldogs have added almost $2 million worth of talent after signing Woods (approximately $700,000), Foran ($900,000) and Fa’amanu Brown ($150,000).

The trio were announced in May. Negotiations with Foran and Woods were well advanced when the NRL shocked clubs with their original salary cap offer of $8.3 million.

That same month the Bulldogs also offered contract extensions to William Hopoate ($500,000), Marcelo Montoya ($100,000), Kerrod Holland ($150,000), Reimis Smith ($100,000) before re-signing Danny Fualalo ($100,000) and Adam Elliott ($150,000) in June.


Canterbury have re-signed fullback Will Hopoate.
It is understood some of these players are on back-ended contracts.

The Bulldogs declined to comment on Saturday.

Woods and Foran have only been provisionally registered by the NRL’s salary cap auditors after the Bulldogs provided the NRL with a plan to be under the proposed salary cap by round one.

There is no guarantee the contracts of Woods or Foran will be fully registered by the NRL — meaning they may not be free to turn out for their new club next year.

The NRL required a salary cap plan for the duo to be provisionally registered, which included off-loading a host of players, but poor form coupled with rivals knowing Canterbury must shed players has made the task of moving players on more difficult.

While the Raiders are another club which has overshot the NRL’s proposed salary cap their only new arrival for 2018 is Warriors rookie Erin Clark, who joined the club midway through this season.

The squeeze on the Bulldogs cap comes with the likes of Greg Eastwood and James Graham receiving big pay rises next year because of back ended deals.

While the Bulldogs have added internationals Woods and Foran, they have shed just one contracted player — prop Sam Kasiano who will join Melbourne.

But even then it is understood the Bulldogs will contribute some of Kasiano’s Storm wage.

Favourite son Josh Reynolds will depart the club for the Tigers but he was not contracted beyond this season while hooker Michael Lichaa won’t be retained.

On June 15 there was a meeting of club chief executive’s and chair people where the Bulldogs proposed introducing a “soft” cap for next year while the prospect of “grandfathering” payments has also been suggested.


Bulldogs Chairman Ray Dib (left) is scrambling to rectify the situation.
This could allow the Bulldogs — for example — to be $400,000 over the salary cap for next year but play under a reduced salary cap of $100,000 per year for the following four seasons.

The NRL are unlikely to show any leniency to those clubs which are not compliant by the start of round one.

Bulldogs chairman Ray Dib is manoeuvring behind the scenes to gather support to ensure the NRL’s salary cap is raised to at least $9.5 million.

He will host a lunch for select rival club bosses on Monday to try and gain support.

Clubs do have plenty of power. All that is needed is five disgruntled clubs to stick together and they could block any salary cap agreement struck between the NRL and the Rugby League Players Association which has the potential to send the game into further chaos.

But at this stage it is unlikely Dib would “have the numbers” to force the stalemate.

It could also cost the club star recruits Kieran Foran and Aaron Woods, whose contracts are yet to be fully ratified by the NRL.


Hopoate signed when we were in trouble on 500k and why were the signings of Remus smith and holland essential when we were up shit creek

Surely dub and Hasler have to go this is beyond belief
Fucking pathetic by Dib Hasler & Co. One wonders whether Raelene was actually doing the right thing by the Club with Dib ignoring her and signing players
 

_G-Dog_

Kennel Legend
Joined
Apr 29, 2006
Messages
13,300
Reaction score
7,726
Foran 1 mill & Hoppa 500K are way overs..

No other team would pay that , not even the knights

The only part that gives us hope is that its the Tele and they are pretty loose with what they claim to be the Truth
 

bowleggedwog

wogdog
Joined
Mar 22, 2010
Messages
3,367
Reaction score
3,467
Bulldogs sell papers..i dont believe anything that was written. Every club was promised 13million last year. All clubs would have majority of that spent. The nrl are a mess. Trying to get a loan to cover them until the new deal comes through. The bulldogs mess maybe over exaggerated to sell papers . Yes we may be over but i doubt the papers know the real figures. Drama creates headlines and atm we are it. They can write anything and get away with it. We are over the cap because we are funneling money for terrorist.
 

Oatley Dog

Kennel Enthusiast
Gilded
Joined
Feb 9, 2017
Messages
4,062
Reaction score
2,702
Bulldogs sell papers..i dont believe anything that was written. Every club was promised 13million last year. All clubs would have majority of that spent. The nrl are a mess. Trying to get a loan to cover them until the new deal comes through. The bulldogs mess maybe over exaggerated to sell papers . Yes we may be over but i doubt the papers know the real figures. Drama creates headlines and atm we are it. They can write anything and get away with it. We are over the cap because we are funneling money for terrorist.
I see this $13m figure keeps popping up. It isn't the cap it was the proposed NRL grant to each club. Two different things. That plonker Grant promised every club 30% over the cap, whatever it will be as the overall grant to each club in real money. It is one of the reasons why the cap figure is so important to all the clubs.
 

bowleggedwog

wogdog
Joined
Mar 22, 2010
Messages
3,367
Reaction score
3,467
I see this $13m figure keeps popping up. It isn't the cap it was the proposed NRL grant to each club. Two different things. That plonker Grant promised every club 30% over the cap, whatever it will be as the overall grant to each club in real money. It is one of the reasons why the cap figure is so important to all the clubs.
Yes 10million cap and 3 million extra. Now they want a cap of 9.2mill. So we planned and are almost a mil over. Thats semi reckless to spend it when it isnt in writting. But when all 16 clubs get that messgae from the bosses mouth and then he says we cant afford it. Well its a big f u to thw nrl.
 

Oatley Dog

Kennel Enthusiast
Gilded
Joined
Feb 9, 2017
Messages
4,062
Reaction score
2,702
Yes 10million cap and 3 million extra. Now they want a cap of 9.2mill. So we planned and are almost a mil over. Thats semi reckless to spend it when it isnt in writting. But when all 16 clubs get that messgae from the bosses mouth and then he says we cant afford it. Well its a big f u to thw nrl.
Certainly Grant who is chair of the ARLC not the NRL buggered things up for everyone, but it is important to distinguish that the Cap is just an arbitrary figure that player salaries have to be less than on any given year. The NRL grant is an actual dollar amount that is transferred to the clubs. Overall clubs receive $20-$35m a year from various sources to run operations. Up to $13m of it next year will come from the NRL. That's why the clubs are fighting so hard. If they get the cap up to $10m it adds another million to their coffers through the grant.
 

Calibra

Kennel Participant
Joined
Jun 20, 2011
Messages
302
Reaction score
214
Dib has to go
There is no other outcome
That useless **** needs to go
Agreed... he has fucked us off the field and his buddy Des has turned us into the worst NRL side since at least 1998... it does not get worse than this... oh wait, we will have to go through a few painful seasons just to recover from the mess these schmucks have put us in :confounded::astonished:
 

Indiandog

Kennel Immortal
Premium Member
Gilded
Joined
Oct 2, 2012
Messages
21,520
Reaction score
6,681
can we further back end the deals which were back ended few years ago?
 

khan

Kennel Enthusiast
Joined
May 10, 2015
Messages
1,212
Reaction score
724
IF this story has any legs, then surely this is the nail in the coffin for these 2 (dib and des).
This is unforgivable.
Des did the same back at manly with player contracts, now with us.
I deadset reckon this mug is the master of manipulation and dib aint as smart as he thinks he is.

They need to piss off, des has raped us.
 
Status
Not open for further replies.
Top