The Brisbane Broncos face significant financial challenges as they look to finalize a new contract for their young fullback, Reece Walsh. Reports indicate that Walsh is poised to secure a substantial $6 million deal, but questions have arisen regarding the Broncos’ ability to afford such an expenditure. With their disappointing season now concluded, the club is eager to finalize Walsh’s contract before he becomes a free agent on November 1.
Though Walsh reportedly agreed to stay with the Broncos back in March, the contract has not yet been finalized. It is believed that Walsh has delayed signing in hopes of increasing his market value, following a breakout year in 2023. However, the current season has been far from successful for both Walsh and the Broncos. Injuries have limited Walsh to just 14 games this year, and he has not been as impactful in State of Origin as he was the previous year. A concussion early in Game 1 of the series and subsequent struggles have further impacted his performance, and his injuries have prevented him from making a significant contribution to the Broncos’ efforts.
The Broncos’ failure to qualify for the finals for the third time in four years has led to speculation about the implications for Walsh’s contract. There are concerns that his less-than-stellar season could affect his value, and doubts are growing about whether the Broncos can afford the rumored $1.2 million annual salary he is seeking. The team’s recent struggles have also highlighted a pressing need to strengthen their forward pack, which could be difficult if a substantial portion of their budget is allocated to Walsh’s new deal.
Additionally, the Broncos are already planning to release up-and-coming player Kobe Hetherington, who is currently under contract until the end of 2025. Hetherington, the son of former Queensland and Bulldogs star Jason Hetherington, has been given permission to explore opportunities with other clubs. His manager, Chris Haddad, has confirmed that while the Broncos do not want to lose Hetherington, they are searching for a suitable replacement and cannot offer him a starting role. Hetherington’s departure could further complicate the Broncos’ efforts to strengthen their squad if significant funds are tied up in Walsh’s contract.
As the Broncos navigate these financial and roster challenges, the resolution of Walsh’s contract situation will be a crucial factor in shaping the team’s future.
