The methodology was pretty simple, if you have say a $600k player ($1.8m for 3 years) then you "under pay" him $250k in the first year, pay him about the right amount in the 2nd year and them "over pay" him $250k in the 3rd year. The belief being that you can move him on at the end of the 2nd year and avoid paying the $850k in the 3rd year. Effectively you have had a $1.2m player ($600k x 2 years) and only had $850k in your Cap (for the 2 years combined). Do that with half of your regular 19 NRL players and you have $12m "worth" of players and still be under a $9m Cap.
The Cap is audited by year, they don't care about next year or the year after, only what is the Cap this year and what is the total value of contracts this year. If the total value of player contracts this year is under this year's Cap then all is well. Of course the NRL knew that if players weren't offloaded before next year then there would be Cap breach. But it wasn't against the NRL rules at that time to have back ended contracts, so no issue until the year it actually happens. It was actually going to happen to us in 2018, without drastic actions being taken we were going to be more than $3m over the Cap.
Looking back 2012 was the year that started the rot for Hasler, we were supposed to win the premiership that year and offload the back ended contracted players in 2013. Then the repeat in 2014 was just the final nail in that coffin, same problem no one wanted to pay the inflated player contracts so we had to pay other teams to take them. In 2017 the true extent of the back ending was "discovered" by the Board and we all know what happened after that.
FWIW we didn't start this, Melbourne did similar from 2006 to 2010 where, as we all know, they had 2 contracts, one registered with the NRL and one of a higher value that the players were actually paid to. The NRL contract versions were the same value each year but the players' contract versions were actually back ended, a concept that Hasler used at Manly in 2010 and 2011 and then brought to us.
Always a Bulldog
And you still say Des/Dib/Castle thought, or at least knew they had to allow the possibility, and contingency plan, that they would have to dump up to 10 x 600k- 800k players in 2017-2018 bc over the sc by 3 million?
Also you can't avoid paying the player his inflated amt in the 3rd year. Even Des would realise this along with the fact the players were not exactly at the beginning of theur careers and the chance of them holding their form and being sort by other teams would wane with every passing year.
2017 Board was Dib Board. That includes Turvey. He knew about these dicey back ended structured contracts? And in your scenario its really "gross" mismanagement and mishandling of the roster and sc taking a very cavalier approach on a wing and a prayer that players would move on when their big payday was still outstanding.
I dont give Des enough negotiation skills to think he could get that amount of players, and their agents, to back end contracts so heavily in their last year and therefore pay more tax (for a start).
And who the hell club would buy these players at 800k for Eastwood etc. How could it be signed off on by that footy board?
Even the barest of investigation by one of those Board members, into the figures, would have exposed it?
I dont know but I guess what I can accept is that it was undoubtedly done but not to the the same degree, or 3 million, that we have been lead to believe.
As I said, not looking for an argument with anybody or unwillinging to accept facts and figures but so far I cant see sufficient necessity or explanation for 4 years to get sc back under control and all but ruin the club in the process.
Anyway I'll leave it. I probably wouldn't believe anybody until I saw a thorough forensic finanical investigation into the whole saga going back the past 2 Boards