The ANZ Netball League Increases Its Salary Cap To $380,000
The ANZ Championship netball league salary cap is set to be increased for the first time in five years, but "it is unlikely" that the league's top netballers will be significantly better off, according to Dana Johannsen of the NEW ZEALAND HERALD. The player contracting model for Kiwi teams "has undergone a major shake-up as part of the New Zealand Netball Players' Association's new collective agreement." The salary cap will increase from $300,000 to around $380,000, but it may not necessarily mean players will receive more in their pockets. One of the key drivers for the change is to "prevent franchises from spending beyond their means." Four of the five Kiwi teams posted losses for the last financial year -- positions that in most cases could have been avoided if they had stuck within the salary cap (NEW ZEALAND HERALD, 9/22).