Very different, Israel wanted a four year deal and Eels didn't have the money, so had to try spacing their cap out, paying him $110k then more later, the other clubs said no way and the NRL said no way. Turns out they were both right considering we know the Eels were dodgy as hell a few years later.
It didn't matter anyway, Rugby came in with a huge offer and suddenly Israel didn't want to be an Eel and duded Nolan after promising him he would come.
Smith could take less to move, he could get third party deals off the cap, if he was home in Queensland you would think there would be lots of commercial opportunities for him if he was shrewd and wanted to do extra work.
His book is going to make him money this year, 800k at the Storm might be 500k somewhere else if he wants to desperately play on- also he's now unemployed and the longer he takes to make up his mind the less money in the pool.