No they wouldnt.
It would completely dilute the talent to an almost laughable situation where teams are looking for players to fill the 11.
We already have coaches playing their sons.
The sport of Rugby Union has been KILLED in Australia due to expansion that exceeds the talent pool. The sportt is no longer on free TV whereas its counterpart, Rugby League, has just signed a 500 billion dollar deal with the major networks and has the most watched event (state of origin) on Australian television. The NRL/Rugby League is very careful not to expand and keep a delicate talent to team ratio and a strictly enforced salary cap. Any team can beat each other on their day.
The AFL (Australian Rules) expanded from 16 to 18 a few years back and it while it hasnt cost fans it has wreaked havoc on their competitions ecosystem, with lopsided scores between the best and the worst a norm. Thats ony a 10% increase.
Elsewhere, in the USA, The same delicate expansion principle is applied and as a result, there are a few major capital American cities that dont have their own NFL team. Adding teams would even add short term revenue, but once again, would dilute the product until they develop alternate adequate talent streams.
There are only 4 world class contact football domestic competitions in the world. The NFL (gridiron), The NRL (R.League), Heineken Cup and French top 14 (Union) and at least 3 of those have strict talent control measures applied to it. No idea about french top 14.
Thats football, a sport I know, but the BBL wont expand due to the same reasons I keep repeating.
There is clearly not enough talent to even fill 4 sides in the Logan Cup Comp.
You need to be mindful of competition management.