The details of the competition are still being finalised but it looks like the competition has set a start date for September according to The Courier Mail.

The NRL has reportedly met with the six teams who have put in bids including the Broncos, Sharks, Roosters, Rabbitohs, Dragons and Warriors.

After the top 40 elite female players were revealed earlier this month and they all picked up paid contracts.

At the start of the month, The Women's Game reported there would also be a draft system would be put in place to stop teams like the Broncos or Warriors from picking up most of the top 40 players. 

This system will be known as the talent equalisation system.

Each team will have a cap on how many players they can recruit from the elite group.

If the NRL go based on the number of teams NRL CEO Todd Greenberg was originally looking at which was four or six teams, each side could get between six and 10 elite players.