It's the current hot topic, so we should have a post here about it.
I think the thing to be aware of if that the cap isn't a simple £7m cap... That's just what they refer to as the base cap.
On top of that £7m, you also have home grown player credits, which if you qualify for the maximum amount, can add an additional £600k per year.
Then there's the international player credits whereby the clubs get an amount of their players miss premiership or European games because of international fixtures.
Senior EPS players get the club £40k +£5k for each missed premiership or international game.
Other international players generate £10k per missed premiership or euro game.
So, if I look at the Saracens squad, they've got 7 players in the EPS squad, so that's an extra £280k. Plus they get £5k per game missed while on international duty, which for most of the EPS players will be 6 games, which would be another £210k.
They also then get £10k per international player for other nations. I'm not entirely sure who of their contingent currently get selected for their Nations, but there's at least 2 that do. If they also miss 6 games, that's an extra £120k
So in total, Saracens' salary cap would likely be about £8.1m
Then there's the overrun allowance where clubs get taxed, like what happened to us and now Quin's. The overrun essentially allows you up to £350k above the base £7m. Admittedly, the tax on that £350k would be over £600k, so I can't see it being abused too much
However, the bottom line is that I suspect Saracens are running with an £8m salary cap, and if there's any truth in them being able to offer slightly lower salaries in exchange for silverware, even if it's just £10k per player, then it may well allow them to fit everyone in
Topic: The salary cap (Read 6594 times)
Always a Wasp