The game needs a draft pure and simple.
The Fifita, Lenui and Young signings just underpin what we all know.
The Roosters aren’t finished just wait and wonder.
The draft is a bad idea from a Penrith point of view. That will mean all the young talent you guys are developing will all go into the draft and be picked off by the clubs at the bottom of the ladder like us. Personally I'd prefer a rookie draft but it would mean that all junior league would have to be funded by the NRL or NSWRL / QRL, and I don't trust either organisation to do a good job of it. Plus, if we can get our shit together and really start getting the best out of our vast junior nursery in Cambo, we may be able to do something similar to Penrith in the future, so I'd keep the status quo from a purely selfish standpoint.
What I think would be a good idea, and what I think you might be getting at, is restricted free agency. By this, I mean when an established player wants to leave their current club. My proposal would be that when a player wants to test their value on the open market they go into a restricted pool. Interested clubs get to place their bets, so to speak, directly with the NRL. The highest bidder wins the player's services. I'd include loyalty cap dispensations for the current club after say 7 years, which would reduce the cap spend, and help developmental clubs like Penrith. I'd also include a minor cap dispensation of say 10% for players looking to chase a comp at a preferred club, after having played for say 10 years without winning one. Based on that, the Fifita / Wighton contracts would not be registered. This process would also ensure the player would be protected financially as they'd be maximising their value and income. The fans (aside from Roosters, and Broncos) would be protected from those clubs (or whoever the new financial powerhouse is in the future who seen to be able to sign all the origin and international talent) picking off whoever they want / need, on deals that beggar belief.
I'd have the NRL involved as the integrity unit and salary cap auditors appear to be doing 9/10ths of f**k all presently, and could oversee the process. I'd also have the players union involved as that is what they should be there for, instead of attempting to further whatever political ambitions Clint Newton has. This proposal should stop the current shenanigans from occurring and make the whole process transparent. It's far from perfect but its a start.
Conversely, they could just go into a draft and whoever is the lowest club on the totem pole at years end, either gets to pass or take them at fair market value. The issue with this is who determines what fair market value is? Again, I don't trust the NRL to be able manage this adequately. The other problem is tanking by clubs towards the end of the year.
The other, and more likely outcome, is that once enacted, some player will seek to have the draft overturned in court. There's already a precedent for this and if contested, any draft will immediately be found to be a restraint of trade. My proposal could also fall into this trap, but it hasn't been done before and might stand up to proceedings.
Anyways, sorry for the essay. Just some food for thought on a lazy Monday afternoon.