Even though he may be buying a title, he still had to tank a season of ABBL to be to put himself in a position to win a few more ABBL titles. Sure his plan might not go down well with some of you guys, but he still had a plan and will most likely get away with two consecutive abbl titles or more.
I find it hard to think this was a plan - i think he got lucky with the market crash. That said he's done a decent job with the cash since he got it.
I would have spent it a lot differently myself and built a more sustainable team but that's my preference - Bryce can spend his cash as he pleases.
I guess it's a bit like day trading. Quite a few people frown upon it but if you have the time and nous to do it well then good luck to you.