Cameron Smith testimonials being investigated by NRL Salary Cap auditor

Discussion in 'General Rugby League' started by krustykraz, Sep 2, 2018.

  1. krustykraz

    krustykraz Nathan Barnes

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    From the SMH

    The NRL’s investigation into third-party deals at Cronulla has dominated the game this week, but there is another situation causing concern in club land: Cameron Smith’s testimonials.

    We revealed a few weeks back that Smith was having a testimonial lunch to celebrate his great career and lucky fans could fork out a couple of hundred bucks to watch him be praised.

    We asked if it was for charity – hoping it was – but received no response from the club, so we can only assume it’s not.

    This is not Smith’s final year in the NRL. He has confirmed he will go around again next year.

    Now we can reveal the NRL salary cap auditor is taking a keen interest in Smith’s various testimonials. In February, he played in a match with Johnathan Thurston, who is retiring.

    It seems former NRL chief executive Dave Smith agreed to Smith getting a testimonial match and two tribute lunches before he retires. Smith’s agent has been telling clubs there are no limits on his lunches and other fundraisers. Clearly he is telling stories to rile other clubs.

    When rival clubs become aware of this special dispensation for Smith, they will be annoyed. Especially those teams that have applied for testimonials for their players and been knocked back.

    Since our item about Smith’s lunch, other clubs have expressed concern that this could be a way to get around the salary cap by ensuring Smith gets money outside his contract. Clubs have a huge distrust of the Storm.

    We can reveal the NRL’s salary cap auditors are on the case and have already negotiated to have one of the lunches removed from the agreement.

    They have also told the Storm they have the power to include any funds raised from the events in the club’s salary cap if they believe Smith is being offered a lower contract than he deserves.

    In other words, if the Storm have reduced Smith’s contract by, say, $100,000 because he has already secured that amount from his testimonial events, the NRL can still add the $100,000 into the Storm’s salary cap.

    It’s a clear sign the NRL is angered by the deal Dave Smith did for Cam Smith.

    Club bosses we have talked to are delighted the NRL is investigating the matter.
    Smith announced this week that he will play again next season, which is excellent news for the Storm as he is a great of the game.

    But the grab for testimonial dollars says a lot about his character.


    https://www.smh.com.au/sport/nrl/salary-cap-auditor-investigates-cameron-smith-testimonials-20180901-p5017v.html
     
  2. Billy

    Billy Danny 'Bedsy' Buderus

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    If they took place the week after he retired and was no longer on the Melbourne payroll, it would be none of the NRL's business - assuming Melbourne didn't use their resources to organise it.
     
  3. member 2299

    member 2299 Danny 'Bedsy' Buderus

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    The NRL approved the JT/Smith testimonial and for good measure Turdburg approved the half mill each outside the salary cap. That is what got up the Bunnies noses when they wanted the same deal for John Sutton and nof course were knocked back.

    Pommy Dave did too many 'sweet heart' deals including Rusty at the Cowgirls providing cheaper deluxe unuts to attract and keep players, but what else could one expect from a corporate banker?
     
  4. Lord of the Skraelings

    Lord of the Skraelings Danny 'Bedsy' Buderus

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    There's a reason old mate got hunted, had zero idea.
     
  5. cowboyman

    cowboyman Timana Tahu

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    Do some research before going on about real estate prices. Townsville is by far cheaper than the median prices of Sydney and Brisbane.

    Don’t even need to do anything dodgy in that regard to entice players to the Cowboys.
     
  6. member 2299

    member 2299 Danny 'Bedsy' Buderus

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  7. cowboyman

    cowboyman Timana Tahu

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    Ahhh so you found a news article that no doubt has a reporter jumping the gun thinking they are onto something without researching the prices of houses in Townsville. I’ll give you a hint for the exact same house in Sydney it would be a solid 150-200k more easy than in Townsville.

    If the Cowboys are going to rort the cap/system it’s not going to be by a way that is naturally already an advantage for them ie discounted house prices.
     

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