Menu
Finance

Premiership Rugby Wants To Strike Balance With Salary Cap Frozen At $9.3M

The Premiership Rugby salary cap "will be frozen" at £7M ($9.3M) between '18 and '20 following two seasons of "rapid inflation," according to Alex Lowe of the LONDON TIMES. The limit was increased for this season by £1M ($1.3M) to £6.5M ($8.6M), with the introduction of a second marquee player whose salary falls outside the cap, "on the back of a bumper television deal with BT Sport" that is worth approximately £40M ($53M) a year. Next season the cap will rise by a further £500,000 ($663,325) but Premiership Rugby has to "strike the right balance between being competitive with the rich French clubs while encouraging financial prudence and ensuring as close to a level playing field in England as possible." There are some clubs, such as Sale Sharks and Newcastle Falcons, that will "not be spending anywhere near the current salary cap and could not afford to live with the kind of annual increases that have been approved for the next two seasons." The Premiership Rugby board "voted to freeze the cap" for two years and the framework for the salary cap system will "also remain in place" (LONDON TIMES, 9/8).

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2016/09/12/Finance/Premiership-Salary-Cap.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2016/09/12/Finance/Premiership-Salary-Cap.aspx

CLOSE