19 May 2011

Carter's decision to stay shows value of All Black policy: NZRU

4:07 pm on 19 May 2011

The New Zealand Rugby Union chief executive Steve Tew says Dan Carter's decision to stay in New Zealand, shows the value of its policy of players having to be based here to play for the All Blacks.

The 29-year-old All Blacks first five has re-signed with the NZRU for a further four years, saying the major reason for staying is being able to play for the All Blacks.

Tew wouldn't reveal what Carter's contract is worth but says financially the NZRU couldn't compete with what overseas clubs were offering.

Carter says the black jersey means a lot to him and it's not a given he'll be able to hold his place but it's a challenge he's looking forward to.