Why would Sua'ali'i come to the Dragons for $1.5M when he is the sort of player that could command $5m+ from Rugby 360?
Dismiss Rugby 360 if you choose but remember the Saudi's have invested over $5B into LIV golf thus far.
Aramco's profits for the past 2 years were $120B & $106B respectively. The Saudi's via the Royal Family and PIF own 97%. That's some serious dividends that can be thrown towards Rugby 360. They could easily cover a $5B investment if not more.
Imagine these metrics -
Teams: 12
Players per team: 30
Total player: 360
Salary pool 50% of the $5B operating costs = $2.5B
Initial Term: 5 years
That's an average salary of $1.39M per player per year.
Now apply the usual bell curve distribution to salaries and it's clear key players will receive $5M+ per year (some maybe $10M) while 'minimum wage' players will receive $500K per year.
And remember - these amounts are in US Dollars!
And remember - any player that is prepared to move their residency to Saudi Arabia would pay minimal tax.
Now how does this effect the NRL - well you can kiss goodbye any decent player that has played Union. Players like - Cam Murray, Angus Crighton, Payne Haas, Reece Walsh, Tino Fa'asuamaleaui, Tom Trbojevic, Kayln Ponga, James Tedesco, Loko Pacifica Tonga and Cam Munster just to name a few. Some players would not want to join Rugby 360 but you can be sure their player agents would be steering them in that direction. Easy $$$$ for them.
Where does that leave the NRL as it expands to 18,19 & 20 teams. Any reduction in top class player numbers will dilute the watchability of the game. If spectator and TV ratings reduce it could result in lower media rights going forward which then means lower player salaries which ironically make the Rugby 360 metrics even more compelling. It could even force the NRL to reduce the number of teams?