Knights Salary Cap

Discussion in 'Knights Signings, Rumours & Player Movement' started by krustykraz, Nov 13, 2017 at 7:05 PM.

  1. krustykraz

    krustykraz Darren Forward

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    Newcastle have too much money to spend after missing big targets leaves them short of salary cap


    Phil Rothfield Sports Editor-at-Large, The Daily Telegraph
    November 13, 2017 4:47pm



    THE Newcastle Knights are dealing with a salary cap crisis that other clubs would love to have.

    Under the game’s new collective bargaining agreement, all 16 NRL clubs must spend 95 per cent of their salary cap on players each season.

    The minimum spend in 2018 is $8.93 million — five per cent lower than the $9.4 million cap. The wooden-spooners are nowhere near that amount.

    Coach Nathan Brown has tried desperately hard but failed to secure Jack Bird, Cooper Cronk, James Maloney and Matt Scott in recent months.

    It means they have until June 30 next year to spend about $1.5 million to become salary cap compliant.

    The Knights’ best hope is securing disgruntled Roosters and State of Origin halfback Mitchell Pearce, who many believe will walk out on the Roosters following the signing of Cronk.

    He would get to play alongside his former teammates Shaun-Kenny Dowell, Aiden Guerra and Connor Watson at the Knights.

    However, he is unlikely to want to move to Newcastle. So what happens then with the Knights’ cap?

    The Daily Telegraph understands clubs can front-load deals, the opposite to back-ending contracts.

    Brown could pre-pay money to players from their 2019 contracts to get to the $8.93 million. That would mean they could go on a major spending spree this time next year.

    It is a situation the RLPA is monitoring closely to ensure all clubs meet their collective bargaining agreement requirements.

    Newcastle’s salary cap predicament is no fault of their coach.

    “It’s been well documented we’ve chased a few players,” Brown said.

    “We’d be very keen to talk to Mitchell Pearce if he decides to leave the Roosters and we’re always on the lookout for other quality players.”

    RLPA boss Ian Prendergast says the 95 per cent salary cap rule was introduced to ensure players across the game received their fair share of revenue.

    “We actually wanted 100 per cent but agreed to 95,” he said.

    On the Knights situation, he said: “They’d want to start getting some players on board to fill the gap. They should be able to get some good talent in there.

    “The clubs have until December 1 to lodge 24 of their top 30 contracts. So they’ll have to get their act together.”

    The Knights also recently had a crack at front-rower Matt Lodge before he signed with the Broncos on a minimum wage deal. He could have earned $400,000 a year in Newcastle.

    KNIGHT MOVES

    2018 salary cap: $9.4 million

    Clubs’ minimum spend: $8.93 million

    Knights’ spend: $7.4 million

    Shortfall: $1.5 million

    Deadline: June 30, 2018

    NEWCASTLE’S FREE AGENT DEALINGS

    No.1 priority: Mitchell Pearce

    Missed targets: Jack Bird, Cooper Cronk, Matt Lodge, James Maloney, Matt Scott

    Key signings: Herman Ese’ese, Aidan Guerra, Shaun Kenny-Dowall, Jacob Lillyman, Tautau Moga, Kalyn Ponga, Connor Watson


    http://www.dailytelegraph.com.au/sp...p/news-story/cee81a49ec91484cf282525120f5be9d
     
    Last edited by a moderator: Nov 14, 2017 at 3:33 AM
  2. alexwilliams

    alexwilliams Steve Fulmer

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    So.. What happens if we don't?
     
  3. krustykraz

    krustykraz Darren Forward

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    Not sure. It just says;
    2018 salary cap is 9.4mil
    minimum spend 8.93mil
    knights spend 7.4mil
    shortfall 1.5mil
    deadline June 30.
    But it does say that the knights can pay players extra in 2018 then pay them less in 2019 if they don't sign anyone.
    Knights have until June 30th to become sallary cap compliment.
     
  4. Joshhh

    Joshhh OnARampageFuelledByGod

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    Deadline June 30, so plenty of time.
     
  5. Beatell

    Beatell Matt White

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    They will either buy some more players or front load contract no doubt


    Sent from my iPhone using Tapatalk
     
  6. Billy

    Billy Danny 'Bedsy' Buderus

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    spending money is never too hard.
    spending it well seems to be a real problem for us though.
     
    packo and MisterLevy like this.
  7. Tubby

    Tubby Willie Mason

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    Well this takes salary cap rorting to a whole another level
     
  8. rhugh89

    rhugh89 Moderator Staff Member Moderator

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    I updated the first post to include the full article
     
  9. Wobbles

    Wobbles Rod Whitaker

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    Having too much money to spend is a problem I wish I had too.

    Given the shortage of free agents, maybe it's worthwhile considering luring a marquee player from the ESL?
     
  10. Lord of the Skraelings

    Lord of the Skraelings Danny 'Bedsy' Buderus

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    Long gruelling offseason, bound to be plenty of p!$$ed off people wanting out from clubs.
     
  11. Lord of the Skraelings

    Lord of the Skraelings Danny 'Bedsy' Buderus

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    The myth of Brown attracting top line talent from the ESL has surely been dispelled by now.
     
  12. Simon Templar

    Simon Templar George Mann

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    Not sure how I feel about this, a lot more seems to be riding on the "Pearce state of affairs" than us mere plebs will ever realise.

    The Club looks to be in a good position with regards to recruitment, the only logical place to stiffen is the Spine and Pearce suits that, although I am comfortable with the support of the "Youth Brigade" although unproven , added experience may become essential - what a quandry.
     
  13. Barry Crush

    Barry Crush Con Mika

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    Can always drag forward money from end of contracts to help us pay for players later not a problem
     
  14. Lord of the Skraelings

    Lord of the Skraelings Danny 'Bedsy' Buderus

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    In all honesty I'd rather go out on a gun center if one becomes available.

    Having thought about it, Pearce comes across as having as much brains as a bag of sawdust and is a loose cannon even up to 2 years ago.

    Is he really what we need.

    Would much rather if one becomes available pick up another Moga.

    Either that or just front load some deals and go large next year, because lets be honest we aren't winning a comp in the next year or two.
     
    Knighted and Wobbles like this.
  15. Billy

    Billy Danny 'Bedsy' Buderus

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    The more they talk about how much money we have left, the more I wonder just how much under the cap we were last year.
     
  16. Quinny

    Quinny Matt Parsons

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    This just goes to show how ridiculous the player organisations demands were of the NRL in those negotiations and really highlights how out of touch they are with the fans. For the players associations it's all about a quick buck and not about the health of the game because apparently footy players are the only workers who never have to change fields during the course of their careers.
     
  17. rhugh89

    rhugh89 Moderator Staff Member Moderator

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    From Fox Sports

    A DISBELIEVING Matthew Johns has declared a bizarre situation in which Newcastle could be penalised for failing to spend enough of next season’s salary cap “ridiculous” after it was revealed the Knights are about $2 million under the $9.4 million cap.

    After three years of suffering caused by overvaluing players that chewed up too much salary cap space, it would be the ultimate irony if Newcastle were punished for failing to spend 95 per cent of their cap by June 30 next year.

    However, with upwards of $1.6 million to be spent before they get to the required $8.93 million mark, the Knights are in grave danger of underspending.

    It’s a situation that Johns finds puzzling, claiming on Triple M’s The Grill Team that it penalised good business and failed to take into account the club’s inability to catch a big fish.

    “These are the players they’ve chased and haven’t got: Jack Bird, Cooper Cronk, Matt Lodge, James Maloney, Matt Scott and they’re currently chasing Mitchell Pearce, so I do find it, I would say strange and wrong that the NRL tries to force you to spend money, then all of a sudden in a year or two they might say, ‘oh no, you’ve got to pull back a little bit’,” Johns said.

    “ ... In particular in the case of the Knights, what they’ve done is they’ve gone out and landed some really good talent.

    “Kalyn Ponga is their star signing, Tautau Moga, who they got from the Broncos, has been in great form, Connor Watson, Ese’ese, Aidan Guerra, an experienced player — they’ve got some really good players and more to the point they’ve got some really good players at a decent price.

    “So if they were able to negotiate a certain rate for these players, why should they be penalised, and why should they be forced to spend money frivolously — if they can’t get the players they’re after why should they have to spend it?”

    The Knights’ last chance of pushing their cap spend up somewhere close to the required mark might be luring Pearce away from the Roosters, with the star playmaker’s future still uncertain.

    However, it is understood that Pearce is not keen on the idea of moving to Newcastle, potentially leaving the Knights in an impossible predicament.

    The only other marquee star facing speculation over his future is Jarryd Hayne but it would seem ridiculous to force Newcastle to chase such a divisive character just so they can spend more money.

    If they miss Pearce and give Hayne a wide berth, the only other mechanism that could help them stay cap compliant would be to frontload existing contracts, which could potentially free up a huge amount of space for a signing spree for 2019 and beyond.

    Johns said Knights coach Nathan Brown and general manager of football Darren Mooney had done extremely well to ensure every signing they had made would serve a purpose.

    To be forced to bin their philosophy to better align the club with what the new Collective Bargaining Agreement is trying to achieve would be backwards thinking.

    “They could have easily just gone out and spent money, because it’s not their money, it’s the club’s money, so they could spend it hand over fist,” Johns said.

    “But they’ve made the decision, ‘no, no, we’re only going to spend it on the players we want who are going to serve a purpose’, so that’s why they find themselves in this position.”

    Johns encouraged Newcastle to go after Pearce, saying he would be a “handy” pick up who could accelerate the team’s development but said the club was already in a good position to push for the top eight in 2018.

    “I think they’re going to have a really good season,” he said.

    “I think they will be looking at a mid-table finish and if it’s a good season and they get off to a good start they might just slip into the semi-finals.”


    https://www.foxsports.com.au/nrl/nr...e/news-story/cb7ef8e5b311f42c47a70bdcccddf3c9
     
  18. Joshhh

    Joshhh OnARampageFuelledByGod

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    I don't see why it's an issue, we've been underspending for a few seasons now, can't keep doing it. The rule has been put in place to ensure squads get their fair share across the board. It's not the NRL's fault that we've missed out on big name players, just have to deal with it & wait for some talent to fall out or front load some contracts. It's not like it's being sprung on us either, we have halfway through till next year to get it sorted.
     
  19. Lord of the Skraelings

    Lord of the Skraelings Danny 'Bedsy' Buderus

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    Only thing is guys and it will happen, what happens when we front load contracts, then we they are earning 20-30% less, what's to stop players seeking releases for another big pay day approaching the last year of their contracts.
     
  20. Levil Kinevil

    Levil Kinevil Slappin the bass mon

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    If we have this much money spare, should we have kept Gagai?
     

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