Rugby Union salary cap lifted for 2014-15 seasonPosted on 21/01/2014 in Rugby
Premiership rugby clubs will be permitted to spend £5 million on salaries in the 2014-15 season, it has been announced today (January 21st).
This total includes £240,000 in academy credits – unchanged from this season – and is up by £500,000.
Teams in the top division are allowed to name one player who is excluded from the salary cap and can also apply for one injury replacement.
Any club suspected of breaching the salary cap could find themselves before a disciplinary hearing, where they may be faced with a fine or even a points deduction.
Premiership Rugby chief executive Mark McCafferty said: "The Premiership Rugby clubs have approved this increase following the financial boost given by the new [television] contract with BT Sport and the renewal of the competition's title sponsorship with Aviva."
Up to eight £30,000 credits can be used to offset the salaries of players who have graduated from the club's academy system.
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