The Botak
25-11-10, 10:46 PM
Brad Walter and Glenn Jackson
November 26, 2010
MORE than half of Greg Inglis's $1.8 million three-year deal with South Sydney has been counted in the club's base salary cap, with five third-party sponsors making up the rest. The contract, which Rabbitohs officials expect to lodge with the NRL today, is similar to the two-year deal Inglis reneged on with the Broncos, who had intended to include him under the salary cap for $300,000 a season.
There is no NRL rule stating a percentage of a player's income must be included in the salary cap. The Herald reported earlier this year that Brisbane captain Darren Lockyer was listed under the salary cap at $250,000 a season, while St George Illawarra reportedly registered Mark Gasnier for $140,000 this year.
Souths propose to register Inglis under the salary cap for $215,000 next season and $350,000 in 2012 and 2013. Those figures include a car valued at $25,000 under the cap.
However, the 23-year-old Test star will earn more from his move to Redfern as the third-party deals he had secured in Brisbane totalled $230,000 a season, taking his income for each of his two years at the Broncos to $530,000.
The Rabbitohs deal includes $100,000 from one major sponsor, which counts as part of Souths' $300,000 marquee player allowance, and $200,000 from third-party deals with four non-club sponsors.
As a result, Inglis will earn $530,000 next season and $650,000 in 2012 and 2013.
NRL salary auditor Ian Schubert will review the contract in full but Rabbitohs officials believe there is no reason for him to reject any of the third-party deals.
A short-form contract was lodged with the NRL on November 15 but Inglis formalised the deal only on Wednesday as it took time to finalise the third-party deals. Some of the sponsors had expressed an interest in becoming involved with him only two days before he agreed terms on November 12.
After being forced out of Melbourne because the club's massive salary cap breaches obliged it to shed about $1 million in playing talent for next season, Inglis agreed to a two-year deal with Brisbane. He did not sign a contract, and the Broncos withdrew their offer on November 6.
The collapse of the deal followed a stand-off between Inglis and the Storm over the payment of legal costs from his defence of a charge of assaulting fiancee Sally Robinson, whom he is due to marry next month.
Inglis maintains Melbourne should pay for the cost of a QC engaged by the club but Schubert has determined that any contribution by the Storm towards the $117,000 bill will be considered a termination payment and included in their salary cap next year.
With News Ltd as a common owner, it was difficult for the Broncos to support Inglis in his dispute with the Storm. Souths, lacking this constraint, is working with him to find a resolution.
Until then, Inglis remains officially contracted to Melbourne. NRL officials are believed to be unimpressed that Rabbitohs co-owner Russell Crowe spruiked the club's signing of Inglis in an interview with talk-show host Jay Leno on US television, before the player's release from the remaining two years of his Storm deal.
Both clubs yesterday said they hoped the issue would be resolved within the next week.
Officials still hope Inglis will make his first appearance for Souths in a pre-season trial against Gold Coast at Coffs Harbour on February 19. If not, they expect him to have recovered from a hip operation he underwent yesterday in time for the opening round clash with Sydney Roosters three weeks later.
Inglis will miss the NRL All Stars match on February 12 and the Charity Shield, which has been rescheduled to February 13 at ANZ Stadium after St George Illawarra yesterday confirmed they would play in the World Club Challenge against Wigan on February 27.
November 26, 2010
MORE than half of Greg Inglis's $1.8 million three-year deal with South Sydney has been counted in the club's base salary cap, with five third-party sponsors making up the rest. The contract, which Rabbitohs officials expect to lodge with the NRL today, is similar to the two-year deal Inglis reneged on with the Broncos, who had intended to include him under the salary cap for $300,000 a season.
There is no NRL rule stating a percentage of a player's income must be included in the salary cap. The Herald reported earlier this year that Brisbane captain Darren Lockyer was listed under the salary cap at $250,000 a season, while St George Illawarra reportedly registered Mark Gasnier for $140,000 this year.
Souths propose to register Inglis under the salary cap for $215,000 next season and $350,000 in 2012 and 2013. Those figures include a car valued at $25,000 under the cap.
However, the 23-year-old Test star will earn more from his move to Redfern as the third-party deals he had secured in Brisbane totalled $230,000 a season, taking his income for each of his two years at the Broncos to $530,000.
The Rabbitohs deal includes $100,000 from one major sponsor, which counts as part of Souths' $300,000 marquee player allowance, and $200,000 from third-party deals with four non-club sponsors.
As a result, Inglis will earn $530,000 next season and $650,000 in 2012 and 2013.
NRL salary auditor Ian Schubert will review the contract in full but Rabbitohs officials believe there is no reason for him to reject any of the third-party deals.
A short-form contract was lodged with the NRL on November 15 but Inglis formalised the deal only on Wednesday as it took time to finalise the third-party deals. Some of the sponsors had expressed an interest in becoming involved with him only two days before he agreed terms on November 12.
After being forced out of Melbourne because the club's massive salary cap breaches obliged it to shed about $1 million in playing talent for next season, Inglis agreed to a two-year deal with Brisbane. He did not sign a contract, and the Broncos withdrew their offer on November 6.
The collapse of the deal followed a stand-off between Inglis and the Storm over the payment of legal costs from his defence of a charge of assaulting fiancee Sally Robinson, whom he is due to marry next month.
Inglis maintains Melbourne should pay for the cost of a QC engaged by the club but Schubert has determined that any contribution by the Storm towards the $117,000 bill will be considered a termination payment and included in their salary cap next year.
With News Ltd as a common owner, it was difficult for the Broncos to support Inglis in his dispute with the Storm. Souths, lacking this constraint, is working with him to find a resolution.
Until then, Inglis remains officially contracted to Melbourne. NRL officials are believed to be unimpressed that Rabbitohs co-owner Russell Crowe spruiked the club's signing of Inglis in an interview with talk-show host Jay Leno on US television, before the player's release from the remaining two years of his Storm deal.
Both clubs yesterday said they hoped the issue would be resolved within the next week.
Officials still hope Inglis will make his first appearance for Souths in a pre-season trial against Gold Coast at Coffs Harbour on February 19. If not, they expect him to have recovered from a hip operation he underwent yesterday in time for the opening round clash with Sydney Roosters three weeks later.
Inglis will miss the NRL All Stars match on February 12 and the Charity Shield, which has been rescheduled to February 13 at ANZ Stadium after St George Illawarra yesterday confirmed they would play in the World Club Challenge against Wigan on February 27.