FORUMS > The Virtual Terrace > Confused over cap |
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| Can someone tell me the current rules on the salary cap?
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| 1 - You are allowed to spend £1.9m.
2 - There is a 50% exemption for 1 player who has been at the club 10 years
3 - The above 2 need not apply if your club name begins with 'Wigan'.
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17123_1311448581.jpg If you only knew the POWER of the dark side.:d7dc4b20b2c2dd7b76ac6eac29d5604e_17123.jpg |
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| Quote: Saddened! "3 - The above 2 need not apply if your club name begins with 'Wigan'.'" Or 'Warr'
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| Quote: Roverswall "Or 'Warr''"
Not really true. Warrington's success has been centred around paying their Aussie players with Take That appearances rather than money.
Matt King is paid £19,999 plus a private show by Take That once a year. The going rate for private parties is £500,000 so he's making a killing. Wire only include £40 on the salary cap as that is technically the price of a ticket to a Take That show.
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17123_1311448581.jpg If you only knew the POWER of the dark side.:d7dc4b20b2c2dd7b76ac6eac29d5604e_17123.jpg |
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| Quote: Saddened! "Not really true. Warrington's success has been centred around paying their Aussie players with Take That appearances rather than money.
Matt King is paid £19,999 plus a private show by Take That once a year. The going rate for private parties is £500,000 so he's making a killing. Wire only include £40 on the salary cap as that is technically the price of a ticket to a Take That show.'" Ill take that as a confirmation then
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| Quote: Saddened! "1 - You are allowed to spend £1.9m.'"
Hasn't it been 1.6m for a while now?
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| When did they remove the 'or half your income' part of the cap?
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| Quote: Gaslight "Hasn't it been 1.6m for a while now?'"
It has
I didn't realise.
Regards,
Ian Leneghan.
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| Quote: Saddened! "Not really true. Warrington's success has been centred around paying their Aussie players with Take That appearances rather than money.
Matt King is paid £19,999 plus a private show by Take That once a year. The going rate for private parties is £500,000 so he's making a killing. Wire only include £40 on the salary cap as that is technically the price of a ticket to a Take That show.'"
wtf do you think robbie williams [ireally[/i came back?
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| Quote: pilgrim "When did they remove the 'or half your income' part of the cap?'"
When they introduce the franchise system, team were in a much secure position due to no relegation and a super league spot guaranteed for 3 years, they felt the 50% of you income rule was not needed anymore as it was only there to stop teams breaking the bank to keep themselfs in super league.
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| It was before the franchise system the 50% rule was in place.
And I'm pretty sure it's £1.65m for your squad of 25, and £50k thereafter for your young players or something on them lines.
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| Quote: gazcoops "When they introduce the franchise system, team were in a much secure position due to no relegation and a super league spot guaranteed for 3 years, they felt the 50% of you income rule was not needed anymore as it was only there to stop teams breaking the bank to keep themselfs in super league.'"
[league fan]
And that worked....
[/league fan]
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| Quote: Wellsy13 "It was before the franchise system the 50% rule was in place.
And I'm pretty sure it's £1.65m for your squad of 25, and £50k thereafter for your young players or something on them lines.'"
The 50% rule was removed to allow clubs like Wakefield the luxury of employing someone to drive nails into their own coffin.
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| Quote: Wadski "[league fan]
And that worked....
[/league fan]'"
+1
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| There are lots of rules especially regarding things like appearance bonuses and win bonuses etc but the main points are:
- A club may spend £1.65m on it's "First Tier Players". Which are the 25 highest paid players at the club (not necessarily squad numbers 1-25).
- A club may spend £50,000 on it's "Second Tier Players. Which are players outside the "First Tier" (ie not in the 25 highest paid players at the club) who play at least 1 game in the season.
- 50% of any players qualifying for the "Long Service Concession" (ie played at the club for 10 years) may be exempt from the salary cap, up to a maximum of £50,000 per club.
- £50,000 of 1 homegrown players' salary may be exempt from the salary cap
- Prize money, International bonuses & non-salary cap relevant match bonuses/payments (eg cross-code challenges, Middlesex 7's etc) are not included on the salary cap.
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