Since the horse has left the barn - and there's no going back at this point - the NCAA should recognized the athletes as professionals.
As college football is now a professional league(s), then treat it as such.
- Classes / progress towards a degree are encouraged, but no longer required.
- NIL payments run directly through the university athletic department. However the school chooses to raise those funds, through donors or otherwise, is up to them.
- An annual salary cap is established so schools are playing on the same level. Raise funds in excess of the salary cap? Great. Use those funds to build NIL reserves or to invest in facilities.
- Players sign contracts. Contracts would not limit players from transferring, but would require a "buyout" of that player from the school he/she transfers to. Maybe equal to the remaining salary of that player's NIL deal through the school.
NCAA could also have a 2nd tier amateur league for students who actually want to get a college degree, and also play sports while doing so.
Love this. Was listening to The Athletic's college football podcast with Mandel and Feldman and they were talking about university presidents wanting the NCAA to somehow unring the NIL bell. The big issue isn't paying players on the team, it's using NIL to recruit a HS or portal player. But, like Mandel noted, he's seen the NIL contracts and even though everyone knows these collectives coordinate with coaching staffs to identify/recruit players, none of the contracts mention enrolling at any specific school and do not have performance goals. And the NCAA isn't going to punish players and can't punish collectives, so the schools will be the ones hit. Mandel and Feldman think the NCAA will try to make an example of a program clearly violating the spirit of NIL, likely Tennessee. But, do they want Tennessee to take them to court and have Brett 'Brewski' Kavanaugh unload on them again?