I think that's the wrong way to look at it.No.
I believe we are next to no chance of making the top 4 or wining a GF by spending 1.2 million per season on Luai as he’s not worth near that much and it will heavily restrict our ability to retain and recruit other quality players while paying him that much,
If he was willing to come across for 800k per season my stance would be much different.
We have agreed to pay him 1.2 million per season for the sake of recruiting a high profile player, not paying him on his true ability.
Hire Top shelf talent and get it. Particularly GUN players.
Cameron Munster is a 1.2 million player. With his injuries and Origin time maybe he doesn't quite do 1.2m worth of value. That said Cam is a total upgrade on every player we have.
We can do the whole "moneyball" thing and we should with some players. Others like say Payne Haas, break the bank open. Why? because getting them in the squad makes the difference.