Sport Newcastle's unique salary cap problem that justifies their heavy spending

23:25  13 november  2017
23:25  13 november  2017 Source:   Sporting News

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On the opposite end of the spectrum to clubs like the Roosters and Bulldogs, the Knights are fighting their own salary cap issues, only theirs involves spending money rather than cutting costs.

You wouldn't believe how much cash they have left.On the opposite end of the spectrum to clubs like the Roosters and Bulldogs, the Knights are fighting their own salary cap issues, only theirs involves spending money rather than cutting costs.

  Newcastle's unique salary cap problem that justifies their heavy spending © Provided by Sportal com au

On the opposite end of the spectrum to clubs like the Roosters and Bulldogs, the Knights are fighting their own salary cap issues, only theirs involves spending money rather than cutting costs.

Speaking on Fox Sports' NRL 360, journalist Buzz Rothfield revealed the Knights are stuggling to meet the NRL's spending minimum which requires clubs to use 95 per cent of the new $9.4 million salary cap.

It's the reason why Nathan Brown has been expressing interest in almost any player that hits the open market, throwing dollar signs in their face in a desperate bid to both add talent and solve their financial woes.

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Since Young’ s championship in 1994, only three other quarterbacks have eaten up 10% of their teams salary cap - Eli Manning in 2011 (11.7 The average spend on a Super Bowl QB has been just 6.4%. If Brady wins the Super Bowl his cap percentage will fit between the Manning brothers at 11.1%.

‘’The new collective bargaining agreement, clubs must spend 95 per cent of their cap,’’ Rothfield said.

‘’So it’s a $9.4 (million) cap, they have to spend a minimum $8.9 million. You know what the Knights are spending at the moment? About seven million.

‘’Before June 30 next year, (they) have to legally find players. Now obviously Mitchell Pearce would obviously solve $1 million of it and they’re looking for centres as well.’’

While Brown has splashed cash on nine exciting signings headed by Aidan Guerra and Kalyn Ponga, the club still has $2.4 million to add to their 2018 roster, needing to spend over $1.5 million by June 30 next year.

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NFL teams are constantly juggling their cap chargers, and if The problem with the math is that there is none. Finally, it bears repeating that all NFL teams have the same salary cap . So any measure of team success versus spending across all positions would necessarily produce a flat correlation line.

In a salary cap league, you can get the best of both worlds by managing your roster AND your contracts. This means that your league is totally unique in terms of which players are the “most valuable.” Managing the cap well doesn’t mean being cheap and not spending .

Their hopeful solution - Roosters star playmaker Mitchell Pearce who is currently weighing up his options after Cooper Cronk hijacked his halfback position.

They may not need to go beserk and raid the NRL market, with NRL 360 host Ben Ikin throwing up another suggestion to work around the rule and potentially save them before the deadline.

‘’Rather than back-ending contracts, you can drag money that appears in player’s contract in two or three years down the track and drag it forward to the 2018 season,’’ Ikin said.

‘’So someone like Kalyn Ponga – let’s just say he’s on $500, $700, $900 (thousand) – you could drag $500,0000, if you had it in your salary cap next year, forward two years which lightens the load in the third year of his deal.’’

Alongside Guerra and Ponga, the Novocastrians have locked in exciting Rooster Connor Watson, Brisbane's Tautau Moga and Herman Ese'ese, Cronulla veteran Chris Heighington, Warriors prop Jacob Lillyman and Melbourne's Slade Griffin for next season.

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<p>Newcastle winger Chanel Mata'utia has asked for a shock release from the club just days into pre-season training.</p>The brother of Knights co-captain, Sione, will now play in the Newcastle Rugby League premiership next season - a local competition on the Hunter - after telling the club he was burnt out.

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