Part of the deal would involve Mundine paying up to $100,000 of Inglis's outstanding legal bills at Melbourne Storm, which have prevented him from getting a release to sign with the Broncos.
The NRL insists it would still have to be included in Souths' cap.
Surely the Rabbitohs could not possibly fit a $500,000-a-year player under the cap without having to shed one of their biggest names – possibly skipper Roy Asotasi, who has been rumoured to be on the outer.
Crowe has been trying to get Inglis to Souths for a while. They had spoken on several occasions long before the Storm salary cap crisis.
The decision by Inglis to even consider playing for the Rabbitohs will stun rugby league followers who were of the understanding he had moved to the Broncos to be with his fiancee Sally Robinson, who was transferred from Melbourne to Brisbane by her employers mid-year.