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Parramattas horror year punctuated by a salary cap scandal, player misdemeanours and boardroom squabbles has resulted in an incredible $11 million loss.The massive financial hemorrhaging was announced in a letter penned by interim Eels boss and Parramatta Leagues Club CEO Paul Bevan on Tuesday.In the letter written to Leagues Club members and Eels fans, Bevan described the Eels annus horribilis as tumultuous.The Leagues Club will pick up the loss, which Bevan described as unacceptable and unsustainable, but will still post a profit in the neighbourhood of $4 million.The $11 million shortfall, the biggest in NRL history, included:* $1.12 million in fines and penalties as a result of sanctions from the NRL over salary cap indiscretions* $1.24 million to consultants and legal adviser, a significant part of which funded failed Supreme Court legal battles on behalf of the ousted Gang Of Five directors* $952,000 in player terminations, including Anthony Watmough and Kieran Foran, with around the same amount paid in fines and penalties.* $700,000 in lost sponsorship revenue* $742,000 provision for sponsorship bad debtThe impact on the club and members funds is unacceptable and unsustainable and urgent action was needed to mitigate these issues, Bevan wrote.There is more work to do on the Eels and a premiership to pursue however the biggest bushfires are out or under control.I look forward to the commencement of incoming Eels CEO Bernie Gurr and all Eels members and fans can look forward to a better year in 2017 under his guidance.Bevan outlined a number of changes the club had made to ensure a brighter future.Those included a salary cap management overhaul and the cessation of legal action against the NRL.After years of uncertainty the Club now has 100 per cent confidence in its cap and has confirmed this status with the NRL, Bevan wrote.The recent round of signings and re-signings for the Eels has been actioned with complete certainty of compliance with the salary cap.Bevan outlined a number of changes the club had made to ensure a brighter future.Those included a salary cap management overhaul and the cessation of legal action against the NRL.After years of uncertainty the Club now has 100 per cent confidence in its cap and has confirmed this status with the NRL, Bevan wrote.The recent round of signings and re-signings for the Eels has been actioned with complete certainty of compliance with the salary cap.The Eels were hit with a 12 premiership points deduction for their salary cap dramas which effectively ended their year.Star playmaker Corey Norman added to the clubs troubles when he was found guilty of drug possession and banned for six weeks by the NRL as a result of that brush with the law and a number of other off-field dramas.Winger Semi Radradra is facing allegations of domestic violence.But the that might not be the end of the Eels troubles with Bevan writing of an investigation currently being conducted by the NSW Fraud Squad into invoices to the Eels that were allegedly inflated.I would like to make clear that the intervention of the NSW Police is in relation to possible offences committed against PLC members by individuals associated with the Football Club, Bevan wrote.This is an ongoing investigation and the Club intends to keep members updated as much as possible. 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ARLINGTON, Texas -- Baltimore Ravens wide receiver?Steve Smith Sr.?became the 14th player in NFL history to reach 1,000 catches.Smith reached the milestone by catching the first pass of the second half in Sundays 27-17 loss to Dallas. It was fitting for Smith to achieve this mark by catching a 22-yard completion over the middle, where the tough receiver has made so many of his receptions.Smith had a good start to his momentous game, catching Ravens quarterback?Joe Flaccos first pass of the game before making an incredible reception in the second quarter. He somehow got both feet inbounds for a 13-yard catch, which was upheld by replay review.The 13 players who have reached 1,000 receptions before Smith are: Jerry Rice, Tony Gonzalez, Marvin Harrison, Cris Carter, Tim Brown, Larry Fitzgerald, Terrell Owens, Reggie Wayne, Jason Witten, Andre Johnson, Anquan Boldin, Isaac Bruce and Hines Ward.During spring minicamp, Smith had said that reaching this milestone was one of his primary motivations to return frrom last years season-ending Achilles injury and delay retirement for another season.dddddddddddd Smith, the NFLs oldest receiver at 37, jokingly said he would leave the field and drive home to Charlotte, North Carolina, immediately after making that historic reception.Of the 13 other players who have made 1,000 catches, six have been eligible for the Pro Football Hall of Fame. Four -- Rice, Carter, Brown and Harrison -- have been inducted. Only two -- Owens and Bruce -- are waiting to get in.Several of the Ravens showed reverence toward Smith leading up to this game.Everybody should look at him, and I dont know if they should be jealous or what, but they should definitely take notice of how special of a person theyre watching, Flacco said Wednesday. I think hes going to be a guy that we remember for a while. Im definitely a very proud person to say that I can play with him. ' ' '