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Christmas is set to come early for NRL players who will receive a pay rise due to the game’s unexpected profit during the pandemic.
COVID-19 has wreaked havoc on the competition for the past two seasons, but the NRL still managed to post a $50 million profit for the financial year.
That figure reportedly would have been $80 million if the competition wasn’t relocated to Queensland in the second half of this year.
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The players took a six per cent reduction of salary when the pandemic hit, while representative payments were also reduced.
The Sun-Herald reports that players were entitled to a share of the spoils once profits outperformed forecasts by $40 million between 2020-22.
Because that has happened the Rugby League Players Association has written to its members.
“The NRL provided the RLPA with a financial update on the 2021 financial performance,” the email said according to the SMH.
“Despite the season being significantly impacted by COVID-related costs, SOO [State of Origin] and finals being played in Queensland, the game has exceeded its projected forecasts. They have also indicated that revised forecasts for 2022 are looking better than originally expected.
“On that basis, we are discussing with them the possibility of players receiving a share of the additional revenues in line with the agreed revenue share arrangements we agreed under the revised CBA. Discussions are ongoing, but we remain optimistic about securing a positive outcome for players and we will keep you updated.”
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Australian Rugby League Commission boss Peter V’landys confirmed the players would receive a slice of the pie.
“Because we performed a lot better than expected and were able to manage the year financially extremely well – naturally we will reassess and give the players some money,” V’landys said.
“That was always the agreement, and we will honour that. We want to look at all options, but they will be getting a payment, no two ways about it.
“We are one of the rare sports that are able to do this – most are paying substantially less.
“We’re proud of the fact we’ve been able to navigate the season in a way where we’ve come out financially exceptionally well.
“All credit to [NRL CEO] Andrew Abdo, who has been able to implement the financial policies to get there.”
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