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Clubs pleased to receive 3 months funding from NRL
NRL: A meeting between the league and the clubs has provided a positive outcome with the teams receiving 3 months funding from the NRL.
RLPA AND PLAYERS QUESTION NRL EXECUTIVES OVER PAY CUTS
Following another marathon day of talks Rugby League Players Association CEO Clint Newton was asked if he thought it was fair for players to take a 46 per cent pay cut when the NRL executive only gave up about 25 per cent.
“That’s a question for [chairman] Peter [V’landys] and the [ARL] Commission around whether they think it’s fair,’’ Newton told The Sydney Morning Herald.
“At the moment, our main priority is to secure a deal that protects the players’ immediate future based on what’s available, and that’s what we’re trying to do now.’’
Newton will meet with the NRL again on Tuesday after he planned to take a letter of agreement to some of the senior players late on Monday.
After a long week of negotiations, Newton confirmed the wage cut figure would be a 46 per cent for the year, provided there was not another game of NRL played.
The players have already received their first five months of pay, and will receive a further two months for the remaining seven.
Big money players like Daly Cherry-Evans and Ben Hunt who will lose north of $500,000, will feel as much pain as those on the minimum salary.
There is an option for players to tap into their retirement savings.
“Two months [of pay] have been secured, and how they want to divvy that up will be determined by the individuals,’’ Newton said.
“Some might want to spread it out, some might want two months upfront and do their best from there, or take one month and separate the remaining month’s pay.
“There is also the ability to withdraw funds that are connected to each individual’s retirement accounts. That’s also part of the detail we’ll work through with the NRL around the guarantees of that money being available if or when the players want it.’’
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Originally published asLive: Players question why they have to take larger pay cuts than NRL executives
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