I'm sure you are comforted by not believing much of what is in the media. There are a whole host of reasons why the NRL would not sell at the moment. The main one is probably that the Titans will be far more marketable in the future than they are now and that they want to get the club to the best possible position in the interim. They also may not like the idea of playing a number of games away from the Coast and handing a lot of clear air to the Suns. A part move to Rockhampton may also compromise the bid for a new licence up there, not that I think they will get it.
The bloke from Griffith Uni seems to have read the landscape pretty well to me.