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

Discussion in 'Bulldogs Discussion' started by TalDog, Aug 13, 2017.

  1. TalDog

    TalDog Kennel Enthusiast

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    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
     
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  2. Gotenks

    Gotenks Immortal Gilded

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    1 million for Foran hahaha. Fuck off.
     
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  3. Magilla

    Magilla Forum Regular

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    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
     
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  4. Wolfmother

    Wolfmother Immortal

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    All the players should have their salaries cut for under performing and refund the members
     
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  5. Gotenks

    Gotenks Immortal Gilded

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    Just tear up Woods and Forans contract, absolutely ridiculous by the club. Foran should be on an absolute max of 500-600k ffs.
     
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  6. _G-Dog_

    _G-Dog_ Immortal

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    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
     
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  7. bowleggedwog

    bowleggedwog wogdog

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    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.
     
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  8. Oatley Dog

    Oatley Dog Kennel Enthusiast

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    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.
     
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  9. KiwiDog7

    KiwiDog7 Kennel Addict

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    Man talk about kicking a dog while it's down

    Media hate us
     
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  10. MitchNewton

    MitchNewton Forum Regular

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    Bullcrap article. Those figures are made up.
     
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  11. Papa Het

    Papa Het <<<<<NOT ALL>>>>> Gilded

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    Dib has to go
    There is no other outcome
    That useless cunt needs to go
     
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  12. bowleggedwog

    bowleggedwog wogdog

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    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.
     
  13. Bakes

    Bakes The REAL Bakes

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    Hoppa and Holland should never have been re signed. Add Tolman and Eastwood to that list. Woods should not have been signed at all. Pathetic management
     
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  14. diddly

    diddly Forum Regular

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    to be over the cap with the roster we hav is enough to fall on ones sword, or be pushed. Hopoate 500k - no other club would sign him for minimum.
     
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  15. Zee

    Zee Immortal Gilded

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    so how the fuck is warrior, roosters and broncos under the cap and we are not?
     
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  16. Oatley Dog

    Oatley Dog Kennel Enthusiast

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    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.
     
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  17. Calibra

    Calibra Forum Regular

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    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:
     
  18. Zee

    Zee Immortal Gilded

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    can we further back end the deals which were back ended few years ago?
     
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  19. GA45

    GA45 Participant

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    Holland $150 seriously????
    If we signed Foran for $900 then our board should have there contracts ripped up. What a fucking joke if this is true
     
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  20. khan

    khan Kennel Enthusiast

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    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.
     
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