Kimlo
International Captain
Senior Staff
- Apr 26, 2008
- 34,580
- 35,552
:eek: I realise that's not the easiest read... I'll simplify it.
2013 example scenario. Salary cap 4M, 800k spare.
We pay Hodges, McCullough, Glenn their 2013 and 2014 salaries in the one year and then in 2014/2015 they get half their salaries over that two year period.
This will result in us utilising the full 4 million and then in 2014 we're 800k up on salary paying so we essentially have 4.8 million in 2014, an 800k advantage over other clubs who didn't have spare cap space.
2013 example scenario. Salary cap 4M, 800k spare.
We pay Hodges, McCullough, Glenn their 2013 and 2014 salaries in the one year and then in 2014/2015 they get half their salaries over that two year period.
This will result in us utilising the full 4 million and then in 2014 we're 800k up on salary paying so we essentially have 4.8 million in 2014, an 800k advantage over other clubs who didn't have spare cap space.