It’s a great choice of words because it’s true, none of the cash is going directly to the NRL.
$120m for the pathways programs & upgrades to facilities etc will instead be budgeted for in conjunction with the ARLC’s assistance to who gets what within the state.
$200m stadium upgrade costs will be handled within the government department that manages that sort of thing.
Furthermore, it’s also true that the WA Gov aren’t funding any part of the NRL club. As mentioned ad nauseam here - it’s the NRL who will be directly funding the proposed club.
In election campaigns, sometimes the wording and explanation (or lack) of things is everything. Cook’s words in that article are all 100% true but had the journalist asked more in depth questions or poked a little deeper for information than it would have been harder for him to mince things.