Is this a good idea? Plus this will effect PWG as well.
No smart wrestler will sign an agreement that doesn't have some sort of "if the WWE comes calling..." opt-out clause. So if this is being done as a response to "NXT raiding talent," it's gonna be an insta-fail.
It probably does spell danger for PWG if it happens though. But that's largely PWG's doing. They've always relied too much on ROH guys. I think they are smart enough to adapt, but it'll set them back. You don't build a local base of talent and storylines that people care about for that talent overnight.
The only way ROH has the money and stroke to have that (the NXT opt-out thing) not be the case is if a deal with SpikeTV/Viacom is not only real, but really financially lucrative for ROH/Sinclair
Barring the SpikeTV/Viacom scenario, it's most likely that this is driven by the pressures of being a weekly TV promotion and always having to worry about talent going off on another indy date and getting injured, which hurts your long-term booking for the TV show.
Problem with this, for ROH, is they see themselves as "we're not an indy anymore, we are owned by a multi-million dollar TV conglomerate" in the front office (the guy from ROH that was on Wrestling Observer Live a couple of weeks ago said this many times) but every indication suggests that they are still super budget constrained by their parent company.
The other problem is, of course, that even if you have talent under exclusivity contracts, those guys can still go out and work a house show for YOU and still take a bad bump and get injured and be off TV. You just payed a lot more for that to still happen.
The ROH guy that was on Alvarez's show said one very smart thing: They desperately (my words not his) need to get into that next tier of larger buildings. If they are consistently selling a thousand or more additional tickets, a lot of the budget problem goes away, and the talent can not only be locked down, but they can also go out and deepen the bench.
Problem is, it's gonna be hard to build that more casual fanbase that they need to attract to sell a thousand or more new tickets with the current product. The product just doesn't look "big time" in any way.
So some of it gets back to the problem of "you gotta spend some money to make money," and I still don't see Sinclair digging too deep into their pockets to make that happen. This is a common excuse for why the lighting/production looks like crap a lot of the time, but it's especially the case with the actual wrestling talent.
Another part of it (especially on the production side) is just a question of having the right people in place to make smart production and aesthetic choices. Frankly, I don't know if ROH has those people. Some of the problems ROH has on the production side aren't simply problems of money. I see some just plain bad artistic direction choices being made with the production assets they DO have that make the product look worse than it has to.