They shouldn't record the premiership as "Storm stripped" because that still validates their activitites.
The basic point of the salary cap is to fairly distribute talent amongst the clubs. A club who cheats this system has an unfair advantage and should not be recognised in any way shape or form.
The only FAIR thing to do is recall all premiership rings from the players involved, and reaward them to the 'runners up'
In the olympic games, if a player is found to be a drug cheat, their medal is passed down to the next in line. It ought to be the same in this scenario.
Melbourne are ineligible to be the premiers, so which team should it be? Naturally Manly and Parramatta step up to the plate in their respective years.
Unless there was a 3rd team involved in those grand finals?
If they allow the players to keep their rings, and only 'technically strip' the Storm, then it is a futile and feeble act. Do you think the average fan cares if their premiership is 'recognised' or not? I mean take the Dragons fans, those morons actually think their club has WON a premiership!?!? In actual fact they have 0 since that club came to fruition, but for some reason they all think they adopt the Dragons history.
Take the history away from the storm, and take the glory away from the players and PASS IT ON to the next in line, only then can you slap the cheats in the face and spit on any attempt to 'recognise' their cheating accomplishment.