New Zealand Rugby has recently confirmed that approximately NZ$25 million, or 50% of what is left of the forecasted Player Spend for the Association, will be frozen. This is in the wake of the novel coronavirus COVID-19 outbreak that has seen the sports sector brought to a screeching halt the world over.
These pay cuts will apply, for the most part, only to players contracted at the Super Rugby level, like the All Blacks, in the National Sevens programmes, and the Black Ferns. NZR is doing its best to protect players who are on retainers of less than NZ$50 000.
This freeze on spending covers players’ base salaries, assembly payments, and other financial incentives and benefits, along with cutbacks in development activities and player-funded welfare.
Some of the main changes include:
- Putting a hold on Team Assembly and Tournament fees for all New Zealand’s teams except the Black Ferns
- Freezing promotional payments and most player performance incentives
- Suspending 15% of players’ base retainers for this year as of May 1 for players who earn more than NZ$50 000 per annum. This amount will rise to 30% on September 1.
Chief Executive Officer of NZR, Mark Robinson, explained that the goal was to come up with solutions that would work for all their players and ensure that all sectors took an equal hit financially. Rugby Players Association Chief Executive said that when they decided on these cuts they did so with the worst-case-scenario in mind.
| # | Site | Bonus | Bet | |||
|---|---|---|---|---|---|---|
| 1 |  | Ladbrokes |  | 5/5 | 100% Match up to $250 NZD | Bet now Review |
| 2 |  | Palmerbet | | 4.9/5 | 100% Match | Bet now |
| 3 |  | Picklebet | | 4.8/5 | Login to see promotions | Bet now |
More About Trent Wilson
Trent Wilson is OnlineBetting.nz’s resident sports news expert. He draws on his extensive sporting knowledge, his qualification in sports management and his passion for betting to provide the latest, most up to date information on sporting events in New Zealand and across the globe. Trent is a veritable treasure trove of sports information and has been betting online for several years. He prides himself in keeping his readers informed, and in always offering an unbiased standpoint that reflects exactly what’s going on in the sports world.
View Posts - Visit WebsiteYou May Also Like:
All Blacks Apologise For Careless Post
New Zealand’s All Blacks have now issued an apology for a controversial social media post made in support of International Women’s Day. The post applauded the wives of the team’s players for their support, but at the same time also featured a player who had assaulted his partner. An international ….
SA Set To Join Six Nations After 2025
The South African Springboks are reportedly open to joining the Six Nations after 2025 – this as a major overhaul of the global rugby calendar remains in motion. Brokers of the game are due to meet next month in order to finalise plans for a biennial global competition, and it ….
Kevin Gourdon Announces Early Retirement
France forward Kevin Gourdon has been forced into early retirement by a heart problem. Gourdon, who is 31, once accused the All Blacks of cheating. He’s known to have played some of his best rugby against New Zealand. According to the Frenchman, who confirmed his condition and decision to retire ….
Glenn Moore Says He Welcomes Inquiry
Black Ferns coach Glenn Moore has at long last broken his silence following serious allegations made by Te Kura Ngata-Aerengamate. According to the player, she had suffered a serious mental breakdown as a direct result of comments made by Moore during last moth’s norther tour. Ngata-Aerengamate’s allegations include that of ….
Former Tonga Halfback Taniela Moa Dies
Former Tonga and Blues halfback Taniela Moa has died. He was only 36 and is understood to have died after a sudden medical event on Thursday morning. Born in Tonga, Taniela played 58 matches for his province between 2005 and the present day, while also helping his team to two ….