In 1984 I trialed for North Sydney Bears ( no Knights in those days ). My mate and I were successful in getting selected to train with the squad, but would probably be playing under 23s grade ( equivalent to Jersey Flegg level now ). My mate was able to move to Sydney, get a job and ended up playing first grade for the Bears, then Manly for a couple of seasons. He was killing it and looked like having a good career in first grade and probably rep footy ahead of him, then he did his knee. After 2 botched recos he had to retire at age 23. He says he probably made about $10K in 3 years of first grade.
I on the other hand had a full time job in Newcastle that payed quite well, and travelling to Sydney 3-4 times a week to train and play became too hard and expensive to maintain and I dropped out after 6 lower grade games with a grand total of $0 from the Bears, because there was no minimum wage in those days. The only incentive was it was a stepping stone to first grade if you were good enough, and lucky enough to make it. I ended up playing quite a bit of first grade local footy, but work commitments and a couple of injuries led to me retiring at age 26.
Neither my mate or I played rugby league for the money, but because we loved playing the game, and wanted to play at the highest level we could. But money becomes a factor of course in everyone’s life, and influences the decisions you make along the way.
I see the minimum wage increase to 120k as a good thing for the future of the game. It gives young fringe players the financial opportunity to hang in there and perhaps develop into something without financial pressures robbing the game of potentially future stars. Players make the game great and deserve to be payed as much as the sport as a business can sustain.