The 15 “founding clubs” of the Super League would share 32.5 per cent of these commercial revenues.
A further 32.5 per cent would be distributed between all 20 participating teams, including the five sides invited to play in the competition each year.
Twenty per cent of revenues would be allocated on “merit” or be dependent on performance in the competition.
The final 15 per cent would be shared based on broadcast audience size.
The competition winner would receive just 1.5 times more than the bottom side. By comparison, that ratio in Spain’s La Liga is closer to 3.5 times.
Clubs will be also allowed to retain all revenues from gate receipts and club sponsorship deals.
Super League clubs have committed to using only 55 per cent of their revenues on “sport spending”, such as player salaries, transfer and agent fees, according to people familiar with the terms.
Super League clubs have also signed up to a “tax equalisation” clause so that “income tax on salaries shall be normalised and calculated at a rate of 45 per cent”, according to people with direct knowledge of the contracts.
