Jarryd Hayne’s financial sacrifice to join the Eels has come under speculation, signing for well below his market value.
The NRL must acknowledge a player’s value before giving a contract the green light.
Why has Jarryd Hayne’s salary decreased by $700,000, in a single year?
Journalist Paul Kent has expressed his dismay towards the governing body for allowing Hayne to take a massive pay cut that not only allows Parramatta to confirm themselves as cap compliant but also helps the Titans bid to find a new owner.
“To be honest, I think the whole thing stinks. I think there’s a smell about this,” Kent told Fox Sports News.
“I don’t see how the NRL can justify Jarryd Hayne taking a $1.2 million deal, walking out on it and being allowed to get under the cap at Parramatta for $500,000.
“No concept of me can figure out why that’s a fair deal.
“The NRL, I’ve spoken to them today about it, they’ve argued that’s what Jarryd’s current market value is, but how do you establish that?
“Let’s also remember that they are an NRL-owned club at the present and the NRL are trying to offload them, so to get rid of that (Hayne’s contract) off the bottom line, maybe that helps as well.”
“I’m thinking the NRL says to Parramatta if he wants to come back that’s fine but you pay proper market value,” Kent continued on NRL 360.
“By the time every other club found out about it (Hayne’s availability) he’d been signed.
“There’s a stink that a player is allowed to sign at one club and walk out on $1.2 million, to sign at another club without going to market for half that and we don’t even investigate it.”
The former Dally M fullback has agreed to a one-year deal with the Eels, however, it’s unclear where Hayne sits in Brad Arthur’s plans for next season.