NRL players will forego five months’ of pay if the competition does not resume in 2020, as the game grapples with how to deal with the coronavirus pandemic.
- A total of $24.6 million in player payments are guaranteed as part of the agreement between the NRL and the players
- Players will take a cut of around 71 per cent for the rest of 2020
- NRL chief executive Todd Greenberg has agreed to the same pay cut as the players
The NRL and Rugby League Players’ Association (RLPA) finally reached a deal on Thursday evening, meaning players will take a cut of about 71 per cent for the rest of the year.
NRL chief executive Todd Greenberg will also face the same pay cut under an agreement reached earlier this week.
Under the deal, the players will receive a combined $24.6 million to last until the end of the normal contract cycle in November, with just over three quarters of it coming from club grants.
The rest will come from the liquidation of the injury hardship fund, while players will also have early access to the retirement account if they hit financial troubles.
“This is a difficult time for our game and the wider community and the challenges we face are immense, and unprecedented,” Mr Greenberg said in a statement.
“The players understand the severity of the circumstances we face and have demonstrated their willingness to work with us to secure the best possible outcome to protect the long-term future of our game.
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“I know it hasn’t been easy and I thank the RLPA and the playing group for their maturity, professionalism and diligence in helping us reach this solution.”
As part of the deal, the NRL will also resource the wellbeing and education space at each club to ensure players have any support required.
The RLPA will also have a seat at the table in any future salary cap decisions for when the game returns into next year and beyond, as well as in discussions on competition structure and scheduling.
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The union will also be able to conduct a special purpose audit of the game’s current and future financial status.
“The coronavirus pandemic has placed the game and its people under huge pressure and players have assumed the responsibility, like many others, to ensure the future of our clubs and the NRL is protected,” RLPA chief executive Clint Newtown said.
“Players will share in this pain while games are suspended and have done what was required to ensure the game’s short and longer-term future.
“However, we want to be clear that this arrangement is based on the worst-case scenario, should we not get back on the field in 2020.”