Any option year, player or club, has to have its value specified in the contract. The option year is not open ended, it has to have an agreed value, that the player or club can exercise.
Always a Bulldog
All the above is correct, however;
- you can rengotiate a year early
- the 'option' is not part of the contract up front. For example, if you have a player on a 2 year contract with the 3rd year an option - the third year is not in your salary cap until the player or the club activates the option.
How this relates to back ended deals - you can pay a player a certain sum and then have the 3rd year option substantially higher. In theory it is not back ended, the third year is essentially a new contract when the player exercises it.
Player/Club options in contracts were rarely used before NRL put a stop to back ended and front ended deals. This is just a way for managers and club to weasel their way around.