Eels face $500k 2017 NRL cap woes

Parramatta reportedly face having $500,000 in third-party agreements, guaranteed by the Eels for 2017, included in next year's salary cap.

Parramatta's fallout from the NRL's salary cap investigation is a long way from over, with $500,000 in third-party agreements guaranteed by the Eels for 2017 reportedly set to be included in next year's cap.

In a development certain to cruel any hopes by the Eels of bringing Jarryd Hayne back to the club in the short term, they will have only $6.6 million at their disposal in 2017 according to Fairfax Media.

Despite the salary cap rising from $6.8 million to $7.1 million next season, it was reported on Wednesday night that Parramatta's indiscretions in recent seasons meant they would have $500,000 less than rival clubs in 2017 to outlay on players.

The Eels shed Nathan Peats and Ryan Morgan this year which, in addition to the retirement of Anthony Watmough, allowed them to get back under the cap and compete again for premiership points.

Fairfax says it understands third-party arrangements with Kieran Foran, Michael Jennings, Semi Radradra, Beau Scott and Watmough will all be included in next year's salary cap.

If Corey Norman is successful in negotiating the $850,000-a-season deal he is asking for, it is estimated the club will have close to $3.6 million tied up in five players (Foran, Jennings, Scott, Radradra and Norman) leaving just $3 million to spend on the remaining 20 players in the top 25 squad.


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Source: AAP



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