Salary Cap Sanctions Guessing Game

[Capital_Shark]

EDIT: And an additional **** YOU to the ****ty fans that back cheaters over the good guys. You hypocritical pieces of **** would not have had the same opinion when Melbourne did it. You all need to really evaluate your lives and your integrity because you come off sounding like dumb-arse dead**** ****faces.

**** you too, buddy.

 

[Mark^Bastard]

**** you too, buddy.

I just made another edit <3

 

[Cage]

So we have had our salary cap reduced by $707,000.00 over two years.

If I read it correctly we have to unload player/s with a cap value of at least $353,500.00 by round 1 to be compliant.

This could have been a hell of a lot worse if Barry Russell had not self reported, and Greenberg even stated this to be the case.

 

[Super Impose]

Releasing Ava will save diddly squat from the cap.

300K reportedly.

 

[jdoodle]

seggy and one other i assume?

 

[CrazyMatt]

Gunna just go through this again.

**** YOU to the ****s that tried to cheat and hurt our brand and cost us **** loads of money and cap space.

THANK YOU to Barry Russell for having integrity and saving us $500,000

EDIT: And an additional **** YOU to the ****ty fans that back cheaters over the good guys. You hypocritical pieces of **** would not have had the same opinion when Melbourne did it. You all need to really evaluate your lives and your integrity because you come off sounding like dumb-arse dead**** ****faces.

EDIT2: Captal_Shark excluded

 

[Thresher]

I just made another edit <3

Does this symbol mean gonads?

 

[CrazyMatt]

Does this symbol mean gonads?

No, but it probably should.

 

[snowman]

Releasing Ava will save diddly squat from the cap.

factually incorrect

we are 280k under this year but have registered seggy on 150

releasing ava gets us under the cap by round 1

 

[SharkShocked]

300K reportedly.

This very much surprised me - but happy if it's the case.

 

[snowman]

Gunna just go through this again.

**** YOU to the ****s that tried to cheat and hurt our brand and cost us **** loads of money and cap space.

THANK YOU to Barry Russell for having integrity and saving us $500,000

EDIT: And an additional **** YOU to the ****ty fans that back cheaters over the good guys. You hypocritical pieces of **** would not have had the same opinion when Melbourne did it. You all need to really evaluate your lives and your integrity because you come off sounding like dumb-arse dead**** ****faces.

EDIT2: Captal_Shark excluded

one board over saw a drug regime

the other cheat the cap a bit and won us a premiership

i will sleep so ****ing easy at night

 

[bort]

It blows my mind that people think Barry self reporting at that time is the only possible way this could/would have ever come out

 

[Capital_Shark]

I just made another edit <3

haha I'm happy to wear it.

On shedding a player, from what I've read that's just opinion at the moment. No quotes saying we'll have to.

 

[Flanno]

All in all this is a pretty good outcome all things considered. Onwards and upwards!

 

[squires990]

So we have had our salary cap reduced by $707,000.00 over two years.

If I read it correctly we have to unload player/s with a cap value of at least $353,500.00 by round 1 to be compliant.

This could have been a hell of a lot worse if Barry Russell had not self reported, and Greenberg even stated this to be the case.

we were already under the cap, so we need to release someone who is on at least $100k more (or whatever min wage is) than the difference between $353k and however much we're under the cap by

 

[Gards]

To be fair they've only been aware for 9 months.....

Some parents don't name their child until it pops out

OK so Barry self reporting has saved us $500k and don't get me wrong, as a Sharks fan I am grateful for that, but I still believe that the NRL would never have found out about the discrepancy yet alone any other issues they have found due to confiscating our servers. The NRL have NEVER found a salary cap issue on their own yet to date take all credit for punishments handed down.

And our club would still be a shonky mess - at least now there is a slim chance we finally get our **** together with the right people and processes.
As if this stuff wouldn't have been discovered and leaked out down the track anyway. We are Cronulla, we probably don't even encrypt our Wi-Fi. Someone farts and Rothfield is close enough to report the flavour.

So we have had our salary cap reduced by $707,000.00 over two years.

If I read it correctly we have to unload player/s with a cap value of at least $353,500.00 by round 1 to be compliant.

This could have been a hell of a lot worse if Barry Russell had not self reported, and Greenberg even stated this to be the case.

I wonder, is releasing a player the only option... could an existing player's contract be reduced by X amount and we keep all our players or is it too late as that player's salary and contract has already been registered with the NRL?

 

[Sparkles]

In-case self reporting didn't look unappealing enough already when it uncovers additional breaches and consequential punishments, your club also gets it's name dragged through the mud for months and months effecting sponsorship, players, members ect.

NRL needed to handle our case swiftly and decisively but it's another drawn out, convoluted and confusing process.
What club in their right mind would want to do the right thing now. Bravo NRL Bravo

Spot on. And it's such a no brainer punishment!

 

[HaroldBishop]

factually incorrect

we are 280k under this year but have registered seggy on 150

releasing ava gets us under the cap by round 1

Not incorrect at all. Releasing Ava doesn't save much, the fact we're already under is key.

 

[Gards]

Spot on. And it's such a no brainer punishment!

don't get me wrong I am glad we as the Sharks club self-reported (as I have said all along) and there is some vindication in a softened punishment BUT I really don't see OTHER clubs keen to follow suite after the mini-**** storm we have endured from it

 

[egg]

I would of thought too. A mate of mine has told me that the money is strictly for the cap, and can't be used elsewhere though, which i find strange then if true...

factually incorrect

we are 280k under this year but have registered seggy on 150

releasing ava gets us under the cap by round 1

So correct me if I'm wrong .
Initially 280K under cap
Ava on 300k , penalty 350K
So then 230K under Cap
Sign Seggy on 150K
So 80K under cap when season starts .
Is that correct ..
Then 80K to sign sleazy deal with Val sounds great