SKIP TO MAIN CONTENT

NRL clubs to receive extra $200,000

The NRL has paved the way to increase the salary cap after agreeing to lift the annual grant to clubs by $200,000 per year for next season.

nrl_storm_090927_B_aap_846710323

2 min read

Published

Updated

Source: AAP


Skip to article content

The clubs' grant will rise from $3.45m to $3.65m in 2011, with a further rise to $3.75m in 2012, in changes decided upon by the NRL's partnership executive committee on Friday.

The committee has also agreed to a lift in the overall level of representative payments with the details of the payment schedules to be determined in the coming weeks.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

The NRL said in a statement both moves created "a positive background for the review of the salary cap over the next few weeks".

They also follow a decision by the NRL to delay the registration period for new contracts from the close of round 13 to the close of round 17.

"The work we have done in growing revenue through sponsorship, merchandising and government support has allowed the partnership to look at the game's future revenue projections and increase the level of funding for the clubs beyond what was already budgeted," NRL chief executive David Gallop said.

"It goes without saying that the players should share in the benefits of that success but it is also important to remember that the game must aim to reach a point where the level of the grant matches the level of the salary cap (currently $4.1m).

"That parity is important to ensure that clubs can become more profitable and that they can in turn afford to grow player payments further in the future.

"In the meantime we need to ensure that we are growing player payments to the extent that can be afforded and the current review process that is being conducted is an important part of that.

"Without pre-empting that review we expect that there will be a significant lift in the overall cap and in representative payments."


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world