There is some real fantasyland stuff going on in this thread.
"The NCAA is out to get Miami." "The SEC snitched on us because they know we are back."
Sometimes the correct answer is the simplest one (although this is merely my opinion):
Ruiz was on Twitter bragging that he paid the K-State kid $800K, doing daily spaces with DannyBoyCane, (justifiably) calling Saban a pvssy, etc.
Despite aTm allegedly shelling out $30M to recruits, can you name one single guy from their NIL collective? How about Iamaleava and his $8M from Tennessee... can you name any of those boosters that are footing that bill?
Ruiz was the loudest, so that is where they started. Can they get the names of the aTm boosters? Sure, all the NIL contracts have to be submitted or whatever. I am sure the NCAA has people working on that as I type this. Miami isn't the only school they are inquiring about, despite what you read in this thread. But why not start with the guy that every college football fan now knows his name, regardless of your school affiliation, because he is so publically braggadocious about it?
NIL needs some sort of regulation, and inquiries into the current state of the landscape are a necessary step towards achieving that goal - you need data/information about what is going on before you can propose a solution. For example, how can you make a salary cap without knowing how much every school is currently spending?
The NCAA still has a job to do, even if it has no teeth right now. Those investigators that HAD teeth, before the Supreme Court ruling? Well, they still have/need jobs, and they need to do something to justify their paychecks.
There is nothing to see here. Click-bait writers making headlines seem worse than it is, at least partly because Ruiz is bafflingly still doing interviews about it. You can't go after Miami for something all 131 teams are doing, or at least trying to do. It is a non-story.