It is probably what they are going to do hence the “something up his sleeve” comment. I don’t agree with it because you are going to be massively underpaid for the period of time in which you have the 18th side.
My preference is this.
In the next two to three years, have ongoing dialogue and good relationship building with potential bidders such as Paramount and Amazon Prime. At around 2025 or 2026, announce Perth as the 18 team, who will come in the comp in 2028.
As for the 'significant gap years' of 2025-2027, the game just needs to cop it's medicine for dealing at the wrong time. Also bring in people in the commission who have experience in negotiating media rights and let PVL and a couple of others go. In 2025 or 2026, go through a tender process in the marketplace and give everyone an equal opportunity. And who knows, maybe for the first time, the game might find it's true value.
However, the NRL most likely will do this unfortunate scenario. PVL and majority of the commission will stay put. The NRL will be reactionary by bringing in an 18th team in a bit early, like 2026 into the comp. It may not be Perth, but it's beside the point.
The NRL will go back to the broadcasters saying that we are going to have an 18 team comp, with an extra game per week in the years 2026-2027. The NRL will be doing this as a way to reduce the gap.
However, Nine/Fox may renegotiate the existing contracts of '26- '27 to fit in an extra game, on the proviso that the NRL extends until 2032, another 5 years, and therefore not allowing the NRL to go through a tender process in the marketplace. Also the new contract is still significantly less than the AFL.
Nine and Fox will argue that they won't find a better deal elsewhere. NRL says ok. And then the commission along with Nine/Fox will triumphantly make it out to be the richiest media rights deal in the NRL's history.
And how sad would that be....