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NRL
players told they need to take 87pc pay cut to save the game - 26th March 2020
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NRL
players will be asked to take an 87 per cent pay cut if the season doesn't return
in 2020. CREDIT: AAP
By
Michael Chammas
NRL
players have until Wednesday to decide if they will accept the governing body's
proposal of an 87 per cent pay cut to ensure the survival of the sport if the
governing body is forced to cancel the entire 2020 season as a result of the coronavirus
pandemic. The
Herald has been told that the NRL, working on a worst-case basis without further
games this season, has just over $12 million left for player payments to be made
before the end of the rugby league financial year on October 31. The
players have already been paid their share of $67m over the past five months,
but the NRL doesn't have the funds to pay out the remaining $93m the players were
expecting over the next seven months. The
$12m the NRL has works out at roughly $26,000 per player for the next seven months,
if the salary cap is shared equally across the 480 players in each of the 16 clubs'
top 30 squads. The
Rugby League Players Association was expected to hold an emergency phone hook-up
on Thursday night to discuss the substantial pay cuts and whether they would be
willing to agree to an 80 to 90 per cent reduction on their salaries for the remainder
of the league financial year. No agreement is in place as yet. One
of the models being discussed is a tiered pay-cut system that will see the highest
paid players in the game share in a greater percentage of the financial reduction. There
are also discussions being had about the way the pay-cut is structured, with plans
for players to receive 50 per cent of their pay for the next two months and then
none for the following five months if the NRL doesn't return this year. The
reason for the Wednesday, April 1 deadline is to ensure a system is in place before
the players' next pay cycle. The RLPA is still waiting for more clarity from the
NRL in regards to its financial position. *click
here for full article and multimedia (The
Sydney Morning Herald) Facebook SMH
Sport Greg
Tingle That
87% pay cut sounds about in line with the reduction in job or business income
for many Australians over the past couple of weeks, or even 6 to 12 months if
you look at sectors such as tourism, media or eco. An expression that comes to
mind right now is "welcome to the club", or, "we're all in it together".
I look forward to the day where all Australians can look forward to a 500% to
1000% income rise, but it's extremely unlikely that will be this year or even
next. At least some people are still able to derive an income for the things they
are both good at and enjoy. Do what you love and you will never work a day in
your life. Food, water, shelter, sport...not all that bad. There's always someone
in a worse off situation. For the love of football. Game on Pause. Martin
Heppell they
will still earn 3 times what the normal person earns a yr Greg
Tingle
I tend to agree. In my 20 years plus of being in business,
and in my forties, I have noticed that many people aren't that keen on disclosing
what they really earn, be it per year or whatever. This coronavirus financial
crash has really let the genie out of the bottle. And so the NRL brought in over
2 billion bucks over less than a decade period, and they have just enough money
left in the kitty for the game to survive for about 3 months. Mismanagement from
any angle. Not enough moolah for rainy day. It's raining cats, dogs and exotic
animals. But no one got caught with their hand in the cookie jar, but you got
to wonder. Players and management have been overpaid, but to my thinking that's
still a stack of cash not accounted for. Who grabbed the money and got away with
it? Send it Poirot or Colombo for this one. Australian crime of the decade! | 
