The Sydney Roosters are facing a salary cap crisis with reports $5.2 million of their salary cap is tied up in seven players with others set for contract upgrades in 2023.
The Daily Telegraph’s Phil Rothfield revealed the Roosters have seven players in the NRL’s 100 highest players, which could provide a problem when some rising stars gain contract upgrades in the off-season.
“We have come up with the 100 highest paid players in the competition and what it does show is the Roosters with their list are going to have some cap pressure,” Rothfield said on NRL 360.
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“In 2022 they have got Tedesco on $1.1m, Luke Keary on $850,000, Joseph Manu ($720k), Jared Waerea-Hargreaves ($700k), Angus Crichton ($700k), Sio Siua Taukeiaho ($625k) and Victor Radley ( $510k) for a total of $5,205,000.
“The cap in 2021 is only $9.4 million so there is a lot of under paid players there.
“The problem for the Roosters is next year they have got to chuck Brandon Smith into that and you have also got to throw Joseph Suaalii into that who is on $700,000 next year.
“The other issue is Sam Walker is off-contract next year and as you know there aren’t many great young halves around, so he is going to have to get some serious money.”
Paul Kent questioned how the Roosters can pay the other 23 players in their squad less than half of what their seven highest paid stars earn.
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“How do you get 23 more players in on $4.2 million?” Kent asked.
“That is a lot of money in seven players.”
Braith Anasta asked Rothfield if he believes the Roosters will have to let some of their big earners go to build a successful team for 2023.
“Are you saying that the Roosters are in some salary cap pressure and they are going to find it hard to keep everyone next year?” Anasta asked.
Rothfield spoke to Roosters boss Nick Politis about the state of the Roosters salary cap heading into 2023.
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“Angus Crichton is not on that list and his contract hasn’t been registered yet for 2023, so if you put Angus Crichton in you are going up to nearly $6 million,” Rothfield said.
“I spoke to Nick Politis today and his position on the salary cap is this. Boyd Cordner was medically retired which took $720,000 out of their salary cap.
“There were some minor players they let go in Sam Verills, Ronald Volkman, Lachlan Lam, Siosiua Taukeiaho and Daniel Suluka-Fifita went to Souths.
“So they have probably lost $1.5 million with those players including Taukeiaho.
“I still think it is going to be a squeeze, without setting alarm bells for their players or fans I think there are a few that are going to have to be tapped.”
However, Brent Read revealed the salary cap is set to rise by $1.5 million at least for 2023 and beyond.
“We should say the cap hasn’t been set for next year and it will go up,” Read said.
“There is a big meeting on Thursday between the NRL and the club CEO’s about the salary cap.
“I think it will go up to at least $12 million next year.”
However, Anasta believes as it stands it looks like some players will have to take pay cuts to keep the team together.
“In looking at that they can’t really be in the market for anyone,” Anasta said.
“They are unlikely to be looking for new players and a few players may have to take pay cuts if they want to stay there it would seem by the numbers.”
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