OK, here's my 2c worth.
The new league administers a strict salary cap of $900K per club. Assuming 30 games for each team, that is $30K per game and each club gets to work out how that is divided up between its 10 players, based on no player can earn more than $5K per game, nor less than $1K per game. (We are going to a 40 minute game, so no need for the 2 development players anymore)
However, from there I can see where I will probably upset supporters of the smaller markets. Each Team can then have their players receive money from Sponsors that are not part of the salary cap! e.g. Distinctive Homes decides to kick in $150K a year, to be Ballinger's personal Sponsor and the Adelaide team decides to have Luke as one of their $5K per game players. Therefore he could earn $300K per season.
This way every team will offer the same salary as every other, but it is up to the Clubs to get their sponsors, so if, again an e.g., Adelaide can only get $500K in player sponsors, but Perth can get $800K, then players could earn more in Perth, especially the elite players.
But, it would then only be the Club's problem, because they didn't get enough Sponsorship to compete. This way the Points system could be scrapped too, if any team could get say $2M in player Sponsors, then they deserve to have the best 10 players available.
OK, I'm ready to be picked apart, because I am sure there is something I haven't thought of (especially in the 2 minutes that I thought about this for!)