It's seems stupid that Bernard Foley is the player that has broken the ducks back so to speak.
That's quite the mixed metaphor.
To'omua has already signed until the end of 2017, Folau is still in negotiations and there's a pretty strong chance that something like this will come into play for him.
Cooper has been injured a huge amount in the last few years. Who in their right mind (including Cooper) would think that playing rugby year round was the way to go for him?
There's also no guarantee that Foley will play for the Wallabies during this time. Presumably this has been pivotal in him still being available for Super Rugby and the Wallabies rather than not at all.
Based on the guidelines initially put out by the ARU, the only think this is likely to limit is the number of other Waratahs this could work for.
I'm not sure how you're thinking that this is holding the code to ransom. Presumably it means the ARU has to stump up far less cash and he's still available for selection for much of the year.