The NRL salary cap will be announced on Monday with a number of new rules and changes to how the game is played.
The salary cap was introduced in 2017, when the salary cap for players who are still in the league was $1.5 million.
This number was set to rise to $1 billion in 2018 but was ultimately cut to $700,000.
The NRL has also introduced a salary cap of $2.5 billion per year.
While the salary-cap increase is only part of the NRL’s plan to increase revenue and player wages, the salary hike was significant.
The number of players currently in the NRL salary range is expected to drop from 10,000 to 5,000 over the next four years, as a result of a number, including former player Cameron Smith and winger Jarrod Mullen, who were released by the club.
However, players such as Sam Thaiday, Shaun Fensom, Paul Vaughan and Anthony Milford will not see a salary hike.
Players who have already been released by clubs can expect to receive a further payment in the form of a $150,000 bonus.
The other changes include the introduction of a new salary cap on players who have played more than 12 months of NRL games, meaning players who made the cut in 2018 will now be eligible for a $250,000 pay rise over the four years.
A total of six players, including James Maloney, will be eligible to make a total of $1m over the course of their careers.
The changes to the salary caps have been described as a “game-changer”, with the salary rise allowing for more money for the game to be played.
However one of the biggest changes, the introduction a salary limit of $750,000, is likely to cause the most friction with players.
The rule, which was introduced by the NRL in 2016, is intended to encourage the sport to grow, with players having more control over their wages.
The amount of money players are paid for a game is determined by the average of their performances over the last six seasons, with a cap of 75 per cent of the average player’s salary cap.
However the salary increase is set to allow players to receive greater compensation over the period, making the cap more affordable.
While this will help to encourage more people to be involved in the game, the NRL will not be able to increase the salary of all players.
Players have until the end of March to opt in for the salary changes and it is expected that many players will opt out, but they will receive a higher base salary.
There will also be changes to player contracts, which will see players receive a cut of the total amount of the salary they receive.
This will be calculated based on the percentage of the player’s cap hit they are earning.
The cap will increase from $1,350,000 for a first-year player to $2,000 and then to $3,250 per season.
The average salary cap is set at $3.5m and the NRL expects to increase that cap to $4.5million.
The biggest change to the game will be to the salaries of players under the age of 21, who will receive an increase of $50,000 in their base salary from 2018 to 2019.
Players under 21 will receive another $50000 salary increase from 2019 to 2020, while players aged 21 to 24 will receive $250.
Players aged 25 to 29 will receive the same salary increase, while the amount of their base pay will increase by $1 per year for players aged 30 to 39 and $1 a year for those aged 40 to 49.
The remaining changes will see a change to player awards, where players will receive more money based on how they have performed in their NRL career.
Players will receive up to $40,000 per season in awards, with $35,000 paid out to players under 24.
This salary increase will be based on their performance over the past 12 months, with the maximum increase of 50 per cent in 2020.
Players receiving the maximum amount of $100,000 will be awarded a $1-million cash award and will receive their share of the cap.