I think this idea that the NCAA is powerless is oversold.The NCAA has the legal ability to do NOTHING anymore ever to anyone. Their a governing body put in place by the university’s to protect their own interests. That’s DEAD! I’m curious to see if Congress try’s to save their wealthy friends. University’s are elitist institutions and will lie and cheat to keep everyone else down. It plays out on CNN every day under cover. It’s a very real political privileged move now to get them involved to “save” football. The great news for the ones most deserving of the money earned is, the constitution is alive and well. Athlete do the job and have a right to get paid. This isn’t a democracy, it’s a constructional republic is made up of 50 little countries and they all want their teams to win. It’s finally the perfect storm.
After all, they have the power to decide who is even eligible to play in college football. You have maximum eligibility. You have to be a student. etc. Similar for Universities. Universities can't stop them from getting paid but there does not seem to be any requirement that they have to put them on the team.
Consider the scenario of a college player who has huge value in college but zero pro prospects. Tim Tebow for instance was a winner in college and would have a huge NIL value today. What would prevent him from saying he wanted to get four graduate degrees and playing college football for 10 years? Or similarly, what if a kid wanted to play for a University but had no interest in going to class?
Those are the powers that NCAA still has. They can't control the NIL but they still hold the one thing that gives the NIL value and that is eligibility to play.