RAIDERS FINED FOR SALARY CAP BREACHES
Image Credit – NRL Photos
The Canberra Raiders have been fined over $84,000 for salary cap breaches in 2015 and 2016.
Last year, the club breached the second tier by $2598 and the NYC top 20 cap by $8093 – totalling $10,691.
For that, the club’s been fined $16,037.
The Raiders have also been fined $68,073 for breaches of the NRL ($1622) and NYC ($66,451) caps in 2015.
In their statement, the NRL pointed out “the club has a poor record of compliance with the salary cap rules, having recorded breaches in five of the last six years.”
Raiders CEO Don Furner said the fines relate to unforeseen circumstances surrounding the club’s second tier and NYC Salary Caps.
“Due to changes to the club’s rosters during this period and injuries which forced squad changes, the club was forced to make some unplanned player movements which have forced minor breaches of the salary cap,” he said.
“It’s unfortunate that we’ve had to endure these fines, but the club accepts the NRL decision regarding these breaches.”
Meanwhile, the Canterbury Bulldogs have also been nabbed for salary cap breaches, with the club fined $61,474 for self-reporting breaching the NRL cap by $81,965 in 2016.