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zeedog
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Lockyer (300ks), Inglis (500ks), Thaiday (350 ks), Hodges (400ks), Hannant (350ks), Parker (250 ks), Wallace (200ks).
Thats your 2.3 million on 7 players.. How will you fit Hoffman, Gillet, Winterstien, yow yeh, tronc, teo etc under the cap is any ones guess .
Thats your 2.3 million on 7 players.. How will you fit Hoffman, Gillet, Winterstien, yow yeh, tronc, teo etc under the cap is any ones guess .
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Jados Boutros
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Because they were all no names until they got their chance at the Broncos. It does seem suss but the Broncos nuture the young players and give them opportunities......
C
chipandchase
Guest
thats completely incorrect, yes they MAY have been no names but they arent and in the case of the young guys, the managers get upgrades during the season.
it stinks, surely the nrl has to investigate, it is IMPOSSIBLE to fit the other guys under the cap
KENNY-DOWALL
The Kiwi Xpress
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What salary cap ??
It does not exist likewise the economy
It does not exist likewise the economy
BulldogzLegend
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they have had all their juniors upgraded recently such as
hunt
gillete
yowyeh
hoffman
norman
to name a few they wouldn't be on peanuts
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Jados Boutros
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So you know what they earn do you? Sometimes a successful club has more than money to offer........like consistently playing finals football and staying together.
FaceBreaker
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Dude stop fkn kidding yourself. If this team is below the cap then I am albert fkn einstein.
There juniors were upgraded to a descent amount, Cullen said it himself. Also Wallace's contract was upgraded when he made Origin two years ago so he is contracted as a rep player as everyone saw him as the longterm blues number 7 at that stage.
Broncos were roughting the cap before but now it is ridiculous how blantantly obvious it is.
Sherwin_7
Shifty Sherwin
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IF EVER there was a time when the NRL should have thrown out the rulebook and declared every single detail of a player contract, this was it.
Instead, the not-so-surprising announcement yesterday that Greg Inglis had finally done the business to become a Bronco from next season has left a pall of suspicion hanging over the code - again.
Now Brisbane have their own Fab Four: Darren Lockyer, Sam Thaiday, Justin Hodges and the most destructive centre in the code, who is believed to have signed a two-year deal worth upwards of $1 million.
While Inglis's departure relieves Melbourne's salary cap pressure, fans, players and rival club bosses were steaming. The signing also clashes with remarks from Brisbane chief executive Bruno Cullen to this journalist last month when the Inglis deal seemed a pipedream.
"Just because Israel Folau is going to AFL doesn't mean we have $400,000 sitting in the salary cap to spend," he said on July 12. "If we were to sign him [Inglis], we cannot and will not be able to pay what his full value is. We are not going to pretend that if we were to sign him today that we would have the money to do so.
"We have extended and re-signed many of our younger players for the next two to three years and that has eaten into plenty of our cap."
Yesterday, Cullen told a press conference that the "scenery has changed" in terms of the third-party agreements.
Really? The loosening of those agreements - in particular a $150,000 lift in the marquee player allowance that was crucial to the deal - was announced on June 22.
Yet Cullen had expressed his pessimism long after that.
There was all manner of innuendo flying about last night, but some claimed the magical figure was $610,000 per season with third-party agreements and another $40,000 tipped in by the Storm as part of their second-tier salary cap.
Storm insiders reported that they had to take the Inglis deal on "face value". But take it to the bank that other club chief executives were furious that Brisbane could sign a player of Inglis's calibre.
On Monday, NRL salary cap auditor Ian Schubert was in the Holt Street offices of News Limited, owner of both the Storm and Broncos and half-owner of the NRL.
He was there to meet Stephen Rue, News's chief financial officer, who was last month appointed to the Storm board. They discussed the Storm's salary cap issues but not the Inglis deal. "[The Inglis signing] is entirely a deal between the two clubs," News spokesman Greg Baxter said last night. "News was not involved in the negotiations."
Schubert and the NRL is comfortable the deal is above aboard. Surely, given the wrecking ball that was the Storm's cap scandal earlier this year, it could never have been anything but.However, at the very least, the signing of Inglis puts vice-like pressure on the Broncos' salary cap from next season. If they don't shed players, more than a few eyebrows will be cocked.
Asked if he expected Storm fans to be angry about losing Inglis, Cullen replied: "It shouldn't be directed at the Broncos".
From this morning Telecrap
http://www.dailytelegraph.com.au/sp...ford-greg-inglis/story-e6frexnr-1225903669200
Instead, the not-so-surprising announcement yesterday that Greg Inglis had finally done the business to become a Bronco from next season has left a pall of suspicion hanging over the code - again.
Now Brisbane have their own Fab Four: Darren Lockyer, Sam Thaiday, Justin Hodges and the most destructive centre in the code, who is believed to have signed a two-year deal worth upwards of $1 million.
While Inglis's departure relieves Melbourne's salary cap pressure, fans, players and rival club bosses were steaming. The signing also clashes with remarks from Brisbane chief executive Bruno Cullen to this journalist last month when the Inglis deal seemed a pipedream.
"Just because Israel Folau is going to AFL doesn't mean we have $400,000 sitting in the salary cap to spend," he said on July 12. "If we were to sign him [Inglis], we cannot and will not be able to pay what his full value is. We are not going to pretend that if we were to sign him today that we would have the money to do so.
"We have extended and re-signed many of our younger players for the next two to three years and that has eaten into plenty of our cap."
Yesterday, Cullen told a press conference that the "scenery has changed" in terms of the third-party agreements.
Really? The loosening of those agreements - in particular a $150,000 lift in the marquee player allowance that was crucial to the deal - was announced on June 22.
Yet Cullen had expressed his pessimism long after that.
There was all manner of innuendo flying about last night, but some claimed the magical figure was $610,000 per season with third-party agreements and another $40,000 tipped in by the Storm as part of their second-tier salary cap.
Storm insiders reported that they had to take the Inglis deal on "face value". But take it to the bank that other club chief executives were furious that Brisbane could sign a player of Inglis's calibre.
On Monday, NRL salary cap auditor Ian Schubert was in the Holt Street offices of News Limited, owner of both the Storm and Broncos and half-owner of the NRL.
He was there to meet Stephen Rue, News's chief financial officer, who was last month appointed to the Storm board. They discussed the Storm's salary cap issues but not the Inglis deal. "[The Inglis signing] is entirely a deal between the two clubs," News spokesman Greg Baxter said last night. "News was not involved in the negotiations."
Schubert and the NRL is comfortable the deal is above aboard. Surely, given the wrecking ball that was the Storm's cap scandal earlier this year, it could never have been anything but.However, at the very least, the signing of Inglis puts vice-like pressure on the Broncos' salary cap from next season. If they don't shed players, more than a few eyebrows will be cocked.
Asked if he expected Storm fans to be angry about losing Inglis, Cullen replied: "It shouldn't be directed at the Broncos".
From this morning Telecrap
http://www.dailytelegraph.com.au/sp...ford-greg-inglis/story-e6frexnr-1225903669200
Sherwin_7
Shifty Sherwin
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THE Storm will pay only $40,000 a year, out of their second-tier salary cap, to subsidise Brisbane's signing of Greg Inglis, confirming that the Broncos and their sponsors are paying about $580,000 a year to secure the Test centre.
Brisbane yesterday announced that Inglis had agreed to terms on a two-year contract after Melbourne agreed to release him. This is the final step of their bid to correct a salary cap breach brought on by rorting unveiled by the NRL in April.
Chief executive Bruno Cullen insisted the Broncos had not increased their base offer of $400,000 a year but had used the increasing marquee player allowance - which rises from $150,000 per club to $300,000 next year - to seal the deal.
Those third-party payments include sums of $30,000 from the Queensland FOGs (Former Origin Greats), $40,000 from the Nine Network, a leased Audi car valued by NRL auditor Ian Schubert at $15,000 and an undisclosed figure from NRMA, announced as a new major sponsor of the club just three hours before Brisbane confirmed they had landed Inglis.
Those payments - club sponsors are permitted to top up a leading player's salary - bring the Broncos to within $40,000 of Inglis's annual earnings at the Storm, where he had been on $620,000 a year.
The NRL has demanded that Melbourne account for any difference in Inglis's Storm and Brisbane salaries in their salary cap for 2011 and 2012. Melbourne chief executive Ron Gauci said the Storm had not subsidised the Brisbane deal in their top-tier cap reserved for their 25 highest-paid players.
He said Inglis's departure would instead have only ''minimal impact'' in the next two years on their $350,000 second-tier cap, the ceiling for players earning below $55,000. It is understood that this figure is $40,000, meaning that because of the NRL's demand he not be offloaded for less money, Brisbane and their sponsors are carrying the freight for the full remainder of Inglis's $620,000 valuation.
Inglis is expected to earn even more than $580,000 at Brisbane with his manager, Allan Gainey, able to source third-party deals with non-sponsors for services rendered, although such arrangements must be approved by Schubert.
Cullen said he had received an email from the Storm at 1.41pm yesterday notifying the Broncos of Inglis's release.
''We immediately got in touch with his manager, who confirmed back to us by email that Greg had accepted our terms,'' he said. ''He hasn't signed yet but he's definitely agreed to terms.''
Gauci said Inglis wanted a release for personal reasons - his fiancee, Sally Robinson, lives in Brisbane.
''If we were purely cold and clinical and commercial then we probably would have kept him,'' Gauci said. ''But … we are looking at players' livelihoods here. It's also unfair to just focus on Greg Inglis - this would have had an impact on other players and other players' careers.''
NRL chief executive David Gallop said Schubert had approved the 23-year-old's new contract.
''We don't disclose the details of contracts but we have been involved in the discussions and we are comfortable that the arrangement complies with the caps of both Melbourne and Brisbane,'' Gallop said.
Gold Coast boss Michael Searle, who also pursued Inglis and offered the superstar a contract that would not have required any Storm subsidising, said he was disappointed to have missed out on his signature.
''We're comfortable we've put the best possible offer forward and we've been given assurance [Schubert] is comfortable with what has happened,'' he said.
How Brisbane are paying for Greg Inglis:
■ Total value $620,000
■ Storm subsidy $40,000
■ Brisbane base offer $400,000
■ Marquee-player payments $180,000
consisting of FOGS $30,000
■ Channel Nine $40,000
■ Audi $15,000
■ NRMA undisclosed amount
DETAILS
● Any disparity between Inglis's salary at Brisbane and the $620,000 he earned at the Storm must be covered by Melbourne, according to NRL rules.
● Melbourne are paying $40,000 a year towards Inglis's salary over his two-year deal. That figure is being entered in their second-tier salary cap.
● Brisbane's base offer of $400,000 will be included in their $4.2m salary cap for each of seasons 2011 and 2012.
● The marquee-player payments are included under a separate cap for club sponsor third-party deals. No club can spend more than $300,000 on these payments.
● Inglis could even earn more money through non-club sponsor deals that can be arranged by his manager. Such deals must be for services rendered and must be approved by NRL salary cap auditor Ian Schubert.
Source- SMH
http://www.smh.com.au/rugby-league/...-with-580000-moneygoround-20100810-11y5y.html
Brisbane yesterday announced that Inglis had agreed to terms on a two-year contract after Melbourne agreed to release him. This is the final step of their bid to correct a salary cap breach brought on by rorting unveiled by the NRL in April.
Chief executive Bruno Cullen insisted the Broncos had not increased their base offer of $400,000 a year but had used the increasing marquee player allowance - which rises from $150,000 per club to $300,000 next year - to seal the deal.
Those third-party payments include sums of $30,000 from the Queensland FOGs (Former Origin Greats), $40,000 from the Nine Network, a leased Audi car valued by NRL auditor Ian Schubert at $15,000 and an undisclosed figure from NRMA, announced as a new major sponsor of the club just three hours before Brisbane confirmed they had landed Inglis.
Those payments - club sponsors are permitted to top up a leading player's salary - bring the Broncos to within $40,000 of Inglis's annual earnings at the Storm, where he had been on $620,000 a year.
The NRL has demanded that Melbourne account for any difference in Inglis's Storm and Brisbane salaries in their salary cap for 2011 and 2012. Melbourne chief executive Ron Gauci said the Storm had not subsidised the Brisbane deal in their top-tier cap reserved for their 25 highest-paid players.
He said Inglis's departure would instead have only ''minimal impact'' in the next two years on their $350,000 second-tier cap, the ceiling for players earning below $55,000. It is understood that this figure is $40,000, meaning that because of the NRL's demand he not be offloaded for less money, Brisbane and their sponsors are carrying the freight for the full remainder of Inglis's $620,000 valuation.
Inglis is expected to earn even more than $580,000 at Brisbane with his manager, Allan Gainey, able to source third-party deals with non-sponsors for services rendered, although such arrangements must be approved by Schubert.
Cullen said he had received an email from the Storm at 1.41pm yesterday notifying the Broncos of Inglis's release.
''We immediately got in touch with his manager, who confirmed back to us by email that Greg had accepted our terms,'' he said. ''He hasn't signed yet but he's definitely agreed to terms.''
Gauci said Inglis wanted a release for personal reasons - his fiancee, Sally Robinson, lives in Brisbane.
''If we were purely cold and clinical and commercial then we probably would have kept him,'' Gauci said. ''But … we are looking at players' livelihoods here. It's also unfair to just focus on Greg Inglis - this would have had an impact on other players and other players' careers.''
NRL chief executive David Gallop said Schubert had approved the 23-year-old's new contract.
''We don't disclose the details of contracts but we have been involved in the discussions and we are comfortable that the arrangement complies with the caps of both Melbourne and Brisbane,'' Gallop said.
Gold Coast boss Michael Searle, who also pursued Inglis and offered the superstar a contract that would not have required any Storm subsidising, said he was disappointed to have missed out on his signature.
''We're comfortable we've put the best possible offer forward and we've been given assurance [Schubert] is comfortable with what has happened,'' he said.
How Brisbane are paying for Greg Inglis:
■ Total value $620,000
■ Storm subsidy $40,000
■ Brisbane base offer $400,000
■ Marquee-player payments $180,000
consisting of FOGS $30,000
■ Channel Nine $40,000
■ Audi $15,000
■ NRMA undisclosed amount
DETAILS
● Any disparity between Inglis's salary at Brisbane and the $620,000 he earned at the Storm must be covered by Melbourne, according to NRL rules.
● Melbourne are paying $40,000 a year towards Inglis's salary over his two-year deal. That figure is being entered in their second-tier salary cap.
● Brisbane's base offer of $400,000 will be included in their $4.2m salary cap for each of seasons 2011 and 2012.
● The marquee-player payments are included under a separate cap for club sponsor third-party deals. No club can spend more than $300,000 on these payments.
● Inglis could even earn more money through non-club sponsor deals that can be arranged by his manager. Such deals must be for services rendered and must be approved by NRL salary cap auditor Ian Schubert.
Source- SMH
http://www.smh.com.au/rugby-league/...-with-580000-moneygoround-20100810-11y5y.html
FaceBreaker
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$15,000 Audi ? Wow must be a peice of sh*t.
Also does he get to keep his boat ?
Also does he get to keep his boat ?
Sherwin_7
Shifty Sherwin
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Hahaha. I'm sure thats just his run around car. He probably has a couple of ferrari's in his garage no one knows about. I would say probably yes to him keeping the boat.
zeedog
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Yup have heared that BS a lot from Storm supporters over the years..... till the other book was produced accidently and hence you guys get Inglis.
zeedog
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Why Jealous.... cheating the cap for so many years and yet won only once in last 10.
Atleast Storm did it twice with heaps of minor premierships...
PATHETIC!!!
PigBenis
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Do you have Proof that we are cheating the cap? you make me laugh. so i shall laugh at you until u show me proof
w00t
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FaceBreaker you have got to be joking...
When the Broncos were on a 6 match losing spree did you even mention them being over the cap?
The fact they're winning and we're not is purely the reason why you're spouting all this nonsense...
The Broncos are reaping the rewards from utilising their junior system, and spending cash on one or two big name stars..
We used to do that...
In 2006, i'm pretty darn sure fans from Tigers, Cronulla, Roosters thought we were rorting the cap, i mean how else could you afford the luxury of benching a player like SBW?? Get over it, once those juniors from the Broncos fully mature in a couple of years time and IF they manage to keep them all, then you'll have a case.
When the Broncos were on a 6 match losing spree did you even mention them being over the cap?
The fact they're winning and we're not is purely the reason why you're spouting all this nonsense...
The Broncos are reaping the rewards from utilising their junior system, and spending cash on one or two big name stars..
We used to do that...
In 2006, i'm pretty darn sure fans from Tigers, Cronulla, Roosters thought we were rorting the cap, i mean how else could you afford the luxury of benching a player like SBW?? Get over it, once those juniors from the Broncos fully mature in a couple of years time and IF they manage to keep them all, then you'll have a case.
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