bones
Bones Knows
Sydney Morning Herald- Chris Barrett
The NRL is set to announce a significant upgrade to the cash handed annually to its 16 clubs, increasing the grant to $7.55 million a year.
A rise of $450,000 on the existing figure is more than the increase to the salary cap for next season. The cap, which was set at $6.3m this year, is to be lifted to $6.7m for the 2014 season.
This year was the first time in the competition's history the funding to clubs, which teams rely heavily on to field competitive teams, exceeded the salary cap for player payments.
In another development it is also expected to be announced that for the first time the code's administration will not use any of its broadcasting revenue to run the NRL, with that windfall to be reserved for the clubs and the states.
The NRL last year signed a record $1.025 billion television deal with broadcasters Channel Nine and Fox Sports.
The NRL is set to announce a significant upgrade to the cash handed annually to its 16 clubs, increasing the grant to $7.55 million a year.
A rise of $450,000 on the existing figure is more than the increase to the salary cap for next season. The cap, which was set at $6.3m this year, is to be lifted to $6.7m for the 2014 season.
This year was the first time in the competition's history the funding to clubs, which teams rely heavily on to field competitive teams, exceeded the salary cap for player payments.
In another development it is also expected to be announced that for the first time the code's administration will not use any of its broadcasting revenue to run the NRL, with that windfall to be reserved for the clubs and the states.
The NRL last year signed a record $1.025 billion television deal with broadcasters Channel Nine and Fox Sports.
