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Everyone needs to use the portal to some extent.They are going to have to get better at developing players and using the portal if they want to get the lines back to championship level. And yes they might have to cheat a little to get there.
It's hard to tell how the portal will work. A lot depends on if the NIL rules survive. As far as rev sharing goes, teams won't be able to throw that around much because most teams are expected to exhaust their cap on their top 35-40 players. That might mean some decent guys will leave ("I get no rev share so I'll go where I will get it"), or it might mean they won't ("what's the point? I won't get any anywhere else and I like it here"). Teams will be spending the biggest part of their rev share on retention, most likely.
That leaves NIL. How many people will pay real NIL that follows the rules and no more? How many will take the chance just giving bags and either not reporting or misreporting? What will the sanctions be and will those sanctions survive? Does Congress pass a law that makes the rule statutory in some way?
Cheating on NIL is taking a big chance regardless, so no one will do it for marginal players.
I don't pretend to have a crystal ball but I suspect we will see transfer activity decline going forward. And we won't be competing with collectives who had to dump $40M before the end of the last fiscal year for transfer.
Recruiting, though, will cost more as the current rules (will Congress change them?) won't prevent schools from making sure HS kids get paid NIL to lock them up.
It sounds like Nebraska feels the world has shifted back towards a developmental model