In that scenario, the only team that loses is the Bulldogs.It's the principle + collateral damage
Why should the Bulldogs let Geelong pull down their pants in front of a national audience ?
They'd be better served by either
a) making Geelong pay what the Bulldogs want
or
b) miss out altogether and Bailey can join the party atmosphere that is Punt Road Oval!!!!!
Geelong obviously have an interest in him otherwise they would not be trying to court him over. So instead of trying to get a player for the price of a Dominoes pizza. They should pay a steeper price (granted I do think $30 pizzas are a bit rich ).
We don't lose Smith because we never had him. We can just take those picks to the draft or look for another trade.
The Doggies lose a good player for absolutely nothing......they'd be the losers. If they want to intentionally hurt themselves purely to spite Geelong then so be it.