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First $2 million man set to strike NRL gold in Perth
Joel Gould, AAP • April 28th, 2025 8:00 am
Photo: AAP
The new Perth NRL side will present an opportunity for the first player in the history of the game to break the $2 million barrier due to likely increases to the salary cap.
Western Reds great Mark Geyer and respected NRL player manager Simon Mammino agree players at the elite end of the spectrum now have the opportunity to maximise their earnings like never before with the introduction of the Perth-based Bears in 2027.
That will only increase in 2028 with the NRL introduction of PNG. North Sydney Bears board member Billy Moore told AAP that the market for players would explode and that the $14 million dollar deal across 10 years for Dylan Brown to join Newcastle would be regarded as "benign" due to supply-and-demand pressures.
Mammino brokered a $12 million decade-long contract for Gold Coast prop and captain Tino Fa'asuamaleaui that has ratchet clauses tied to the increases in the salary cap.
NRL clubs will have $12.7 million to spend in 2027 which is the last year of the current broadcast rights deal, understood to be worth $2 billion. ARLC chairman Peter V'landys has said he is targeting $3 billion for 2028-2032.
Mammino said a conservative estimate would place the salary cap at $15 million in 2028 if the game maximised broadcast revenues.
"The $2 million contract is on the cards for an elite half or fullback," Mammino told AAP.
"It may not happen in Perth's first year but it definitely could in the second year if they keep the same number of players in the rosters because you are probably looking at an extra $3 million to spend on 30 players.
Lachie Galvin | Photo: AAP
"If the minimum player wage of $150, 000 in 2027 doesn't rise too much you could have 10 players on $2 million in total, leaving you $13 million to spend on 20 players.
"The introduction of Perth and PNG is going to push up the price of elite players and there will be more lower end players because a lot of them are not going to be up to NRL speed.
"There are more clubs, less product. The price goes up."
Geyer, who was the biggest rugby league name to play for Perth-based Western Reds (1995-97), said the new franchise would aim high.
"Imagine getting a marquee player to Perth like a Lachie Galvin, Ryan Papenhuyzen, Sam Walker or a Jahrome Hughes," Geyer said.
"I really think we could see the first $2 million dollar player once the new broadcast deal kicks in.
"Perth is going to be a magnet. It was a fantastic voyage for me and I am sure modern NRL players will want to be a part of it. They will embrace it."
Melbourne half Hughes and fullback Papenhuyzen are both off contract at the end of 2026 and right in Perth's target range.
Papenhuyzen does have a mutual option for 2027 in his deal with the Storm but AAP understands the 2020 Clive Churchill Medal winner is a prime target for Perth given his elite talent and marketability.
Wests Tigers prodigy Lachlan Galvin is also available for 2027 while Sydney Roosters playmaker Walker can join a new club from 2028.
Canterbury boss Phil Gould said if there was a hypothetical NRL auction, he would pay Penrith captain Nathan Cleary "two and a half million dollars".
"Players like Reece Walsh and Nathan Cleary, someone would pay extraordinary money for them," Gould said on the Six Tackles with Gus podcast.
"At the moment, I think the quality playmakers are probably underpaid.
"The problem is if Nathan Cleary is a $2 million player, then every halfback takes his rating off that. It raises the cost of the average emerging player."
