All the 'live' cap means is that your cap position is assessed continuously throughout the season rather than a retrospective audit at the end. As far as I know the position remains that as soon as a player plays one cap-relevant match his wages count over the entire season.
EDIT: Here you go...
My emphasis.
Having read that again I don't think any wages prior to the move to the new club would count on the new clubs salary cap. If we employed said player on 10k a month for 6 months of the season then for that season his wages are actually 60k?
'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.
Not quite. Using Watts as an example, his wages while at Rovers count against their total cap liability for the season; now he's with us his wages for the entire season count against our aggregate cap liability. So he kinda overlaps for the period he was at Rovers.
I don't know if this will help, but I'm going to say the same thing in a different way...
At no point can the wage spend be above the cap as calculated over the year to come. So you can't save cap space early in the season and use it as extra at the end.
So, if the cap is £1.6m and your projected spend at the start of the period is £1.5m, then halfway through you'll have spent £750k. Over the second half of the season you can still only spend £800k, not £850k - because the latter would be like temporarily operating with an annual cap of £1.7m. So in some ways it is easier to think of a live cap over shorter periods, rather than as annual thing - £133k per month, £30769 per week, these being absolute limits each month/week, not averages.
So using Watts as an example, the proportion of the cap he takes up will be based on his annual salary, not his pay from signing to October (or whenever). To talk about 'this year's cap' is misleading.
'Thus I am tormented by my curiosity and humbled by my ignorance.' from History of an Old Bramin, The New York Mirror (A Weekly Journal Devoted to Literature and the Fine Arts), February 16th 1833.
Having read that again I don't think any wages prior to the move to the new club would count on the new clubs salary cap. If we employed said player on 10k a month for 6 months of the season then for that season his wages are actually 60k?
His wages yes, but he'd be taking up £120k worth of cap space. I think.
His wages yes, but he'd be taking up £120k worth of cap space. I think.
Surely you can spend 1.6 million over the course of the season and how you spread that out is upto you?
A club projecting to spend 1 million on wages at the start of the season surely has 600k to use however they like for the rest of the season? Or are we saying that the salary cap is actually 133k a month?
For example, where a Player enters into a Playing Contract with a new Club commencing on 1 June (ie 6 months into the Salary CapYear) and providing that he will (for the remaining six months of the Salary Cap Year): (i) be paid a Gross salary of £5,000 per month; (ii) receive benefits to the Gross value of £1,000 per month; and (iii) be paid £250 per appearance, for the purposes of the Regulations, the Salary Cap Value for that Player, as at the date of joining the new Club, will be £76,500, calculated as follows: (i) £60,000 (ie £5,000 salary per month x 12 months); (ii) £12,000 (ie £1,000 benefits per month x 12 months); and (iii) £4,500 (ie £250 per appearance x 18 assumed appearances, in accordance with clause 5.6.3, below).
For example, where a Player enters into a Playing Contract with a new Club commencing on 1 June (ie 6 months into the Salary CapYear) and providing that he will (for the remaining six months of the Salary Cap Year): (i) be paid a Gross salary of £5,000 per month; (ii) receive benefits to the Gross value of £1,000 per month; and (iii) be paid £250 per appearance, for the purposes of the Regulations, the Salary Cap Value for that Player, as at the date of joining the new Club, will be £76,500, calculated as follows: (i) £60,000 (ie £5,000 salary per month x 12 months); (ii) £12,000 (ie £1,000 benefits per month x 12 months); and (iii) £4,500 (ie £250 per appearance x 18 assumed appearances, in accordance with clause 5.6.3, below).
In simple terms, I think! If we started the year only spending £1.55m from Nov-Sep, that means in October we could sign someone for one month for £100k.
Edit: Scrap that, don't think it does! Balls to it, let Pearson & McRae sort it out!