Bullshit, a term I reserve for the most inaccurate of posts.
Jackson's often reported $600k (I have no idea where you got $700K+) is only $400k due to the long terms/developed played "discount", in fact's it's not even $400k as that includes non cap items eg; car, education allowance etc. Plus we would have to pay someone else additional in the Cap for taking over the Captaincy, often $50k to $100k. In real Cap terms he cost us ~$350k, which by any measure was a farkin bargain.
It may actually turn out to be worse than that as the RLPA demand is $500k for the Veteran & Developed Player allowance starting next season. Which we most likely will not get that as I don't believe we have another player that qualifies.
Always a Bulldog