And you know this because you have been told about one players contract (not seen it mind you?) Mate I will go with what the people who are in charge of it all have told me thanks very much. We were that far up the creek that we were on dry land, now we are on the creek but we haven't got a paddle.... Even Hill has said there were quite a number with ratchet clauses. Even with Mbye and Woods now gone there are still quite a few in the mix and we are talking about 25%+ bumps not 5-10%. Effectively our cap is about $6.6m instead of $9.4m due to the ratchet clauses and don't forget this year at least we have been paying for all those who have now gone and prob a couple more next year as well.
I don't know, but I know.
In 2019 as it stands now we have by far the weakest roster in the NRL and not just by a little bit but by a country mile the weakest roster.
Looking at our player list there is no way it can be close to $9.6m
I just do not believe it.
And while the club will again be paying for players to pay elsewhere (i.e Woods $150k & Mybe $200k) that is a lot less than the $700k this season they are forking out for Graham & Kasiano.
You say you have been told that they are working with only $6.6m but what have you been told? There is no detail.
Explain it to me, who, how much & how long?
I stand by my assessment, in that our squad for next season we have 5 maybe 4 players that have a market value abouve $500k. How can we be pushing the cap with virtually no big name players?[/QUOTE]
Mate, simple maths. The cap went from $7m+ to $9.4m and going to $9.6m next season. A large number of players who signed before the cap was finalised had ratchet clauses inserted to say whatever they signed for there and then would be boosted by the change value in the cap. That's around 27%. Worse still, that 27% is applied to what will be the backended value of their contracts, so Klemm, JJ, Hoppa, Foran and no doubt a number of the other lesser lights are getting even more dough next year in any event.
So whatever they signed for prior to about April 2017 goes up by a total of 27% next season (25% of which they got this year including Woods and Mbye who we have already paid). Essentially for practical purposes because so much of our cap was tied up before the new cap came in that means we have nothing left because all the increases have been chewed up. Whatever we are paying for Woods and Mbye next year is in there as well.
You talk about blokes being on $700k - thats the average over the 3 years. They played for bugger all last year and are getting a bomb in the next 2 years with a 27% loading. That's what is killing us - the combination not one or the other. 25% of $700k is only $175k extra. 25% of $1.1m is $275k so the difference is an extra $500k per person. That is the sort of thing that has happened and explains why they simply had to let players go. Just the 4 blokes you are talking about soak up an extra $2m between them. Now add it all the others and you can see how it disappeared pretty quickly.
To be fair no-one in the club has given me numbers but they have given me an explanation of how it went south. I've just used the numbers to give it perspective. The cap is what it is so that percentage is pretty right, but no-one really knows what each of them are on next year specifically other than the club itself of course but there is a lot on anger within the footy club that it has happened this way. That bit I am sure of.
