Souths notify NRL of salary error
South Sydney officials have met with the National Rugby League to inform them they may be over the salary cap next season after lodging an incorrect contract with the league.
With all the talk of possible trouble for the Sydney Roosters, Melbourne Storm and one other un-named club, Rabbitohs officials revealed they will be over the $3.25 million cap next season.
Souths president George Piggins said its situation arose after a contract was lodged which failed to reveal the Rabbitohs had paid a player's manager's fees.
"A contract was sent in but they didn't send the right one in," Piggins said.
"The contract was registered with the league, but his (the player's) manager's fees have been paid for separately. That had to be a part of the contract.
"We just wanted to let the league know where we are at the moment. We have to get under the cap."
The Rabbitohs weighed heavily into the player market this season, signing a handful of established stars after a disappointing return to the NRL.
Piggins stressed he was confident the club would be able to make the necessary adjustments to get back under the cap before the end of next year.
"By October 31 (next year) we believe we will be under the cap," he said.
Piggins, a long-time advocate of salary cap reform, also renewed his calls for a points system to be used in conjunction with the cap.
If Piggins had his way, each club would operate under a points quota, with players given a value according to their status in the game.
Clubs would then only be able to sign players if they did not exceed the quota.
"I would like to see the points system and a salary cap and then people could work out the value of players."
The salary cap has come under heavy fire following the Bulldogs' saga this year.
The then-league leaders were heavily fined and docked 37 competition points for exceeding the league's cap over the past two seasons.
The NRL confirmed it had some issues to resolved with the Roosters, believed to concern the contract of Craig Wing whose money partly is paid by Souths Juniors.
The Storm's problem stems from third party payments in long running contracts.
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