GoTheDoggies
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on the verge...
Sio Siua Taukeiaho Signed
- Thread starter amapusae
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Well they have TPA and can afford 800 but we can do that on the cap and do some rubbing to a million.
That extra 200k is. Big difference and we will land our man.
200k is two years pay to some working people point is it’s not a 15/1 chance.
1967
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flamebouyant
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Thats what I thought. Still nothing official. I guess they are waiting on a medical?...
D- voice
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SST is a done deal.
Hopefully soon the news will get better !
KLil
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Defo the case.
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Tuesday 11am....
D0GMATIC
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Is he following us on any socials ?
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chihuahua dog
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I wonder why journos dont run "player follows club on instagram - signing confirmed!!!" stories all the time
D0GMATIC
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It's better than a contract
Dogs Of War
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And even spending the 95% isn't as straight forward. You can bring future payments forward to create space in following years which I suspect the Bulldogs have done.
D0GMATIC
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I hope we have been getting ahead of the game and paying it forward. Twin Turbo will know the legalities of that. I know back ending contracts isn't allowed,to any great degree amymore but i can't see why front loading contracts wouldn't be allowed
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What actually matters is what is in the player's Contract that is lodged with the NRL, that's what they use to determine Cap compliance.
You actually don't have to pay the player the same amount every week/fortnight/month. You could pay them the whole annual contract value on 1st November and then pay them nothing for the rest of the year.
You can actually give the player more money (than the contract value) in one year but you would have to call it "a loan" and charge them interest. Then deduct the same amount the following year to repay the loan.
The above happens quite often, for example when players are buying a house and need the deposit. It's all up to the Club's cashflow position and due to the strength of the Leagues club we are able to pay in advance. Just have to inform the NRL and comply with the interest requirement.
Keeping in mind the reason for the NRL banning front and back loading is to avoid a team having way over the Salary Cap in 1 year and then being way under the cap in other years (before or after). Can't have a team with, say, $15m worth of players this year and then $9m the next/previous year.
There appears to be an allowance for back loading, but it has to be a small % of the contract value, has to be justified and the NRL has to preapprove it before the contract is lodged and signed. By justified you don't get to back load a contract just so you can exceed the Cap limit in one year and be below the Cap limit in another year. For example it would be easy to justify having a young player with an increasing contract value due to them gaining experience etc. A seasoned long term NRL player would be much harder to justify.
The grotesque back loading (a la Hasler) is not allowed. Plus having multiple players with back loaded contracts is not allowed, it has be the exception not the rule.
I have no experience with front loading, but I can't see the reason for it to be allowed, much the same as back loading.
Always a Bulldog
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Have we officially signed him?
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The only thing 100% official is he's leaving his current club at the end of the season to come back to the NRL.
B-Train
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Back ending deals is still allowed. Each club would have several players with backended deals. It can be as much as 100-200k a year, it just can't be 500-800k like Des did with Eastwood. That was the change they made when they adjusted the rules
TalDog
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Tongan prop Siosiua Taukeiaho is set to return to the NRL after being granted a release by Catalans at the end of the Super League season.
Taukeiaho joined the Perpignan-based club this year from Sydney Roosters and after making just seven appearances for the Dragons in an injury-blighted season he requested a release for family reasons.
"It’s been a disappointing season with the number of injuries I have had," Taukeiaho said. "I love this place, I wish I could have stayed longer but I need to put my family first.
"I remain 100% focused on my objectives with the club until the end of the season. I will do everything to get my body right to help the team to win the competition.
"I haven’t signed anywhere else. If that happens, both clubs will then negotiate."