If the NRL wanted a BG that some on here are suggesting in case Perth goes belly up and the NRL can drawn on, then you stipulate a figure like they do in all contractual situations, you don't put 'pay what you want'.
If it is a licence fee as you are getting a slice of the NRL revenue pie, fair enough. If figures in the press are to be believed, then why is Perth being asked for $20m and PNG is paying $60m for basically the same slice? Shouldn't it be close to the same fee? And don't forget the $60m is being paid by Australian taxpayers so PNG unlike a private business doesn't care about any return on investment. I'd suggest the $60m was negotiated between the NRL and the Aust Govt for what the NRL wanted as a pay off to let a PNG team in, and PNG Govt couldn't give a crap about the amount so long as they got a team and someone else is paying for it.
If $60m is the buy-in figure or licence fee, can't see too many takers. Does Brisbane Tigers have $60m in cash hanging around to pay for a licence fee, which would only go up if the pie gets bigger and existing clubs want to maintain the size of their slice?