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I have no clue how the NIL portion hasn't been given a really simple oversight format.NIL:
Remove collectives and make NIL truly based on the free market. Athletes can hire their own agents if they want, but only able to make money on their NIL based on their own marketing/business.
Allow athletic departments to create a country wide (per sport) salary cap for teams to pay their players (pay for play is basically in place now anyways). Example: football has 10 mil, men’s basketball 3 mil, baseball 1 mil and so on. This will be voted on each athletic year for each sport. Spread it throughout your roster as you wish, but this is public knowledge (even for private schools). All athletes know how much everyone is getting paid, transfers know how much each team has to offer, and so on.
Currently player X goes into the portal. Collectives say "we can drum up 1.75 Million for his package" they sign, they get paid based on the contract. This situation is not what NIL was ever intended to be. NIL is, by it's name, to make the player able to earn based on utilizing their images, their names on jerseys, their ability to generate Ad revenue by using their valuable personhood.
How is there not a "Menu" created by the NCAA. Local Business Ad appearance pays up to 5000.00 per entity. National Ad pays up to 20,000.00 per entity per year. Meet and Greets are valued at up to 1,000.00 per appearance. Your photo on game tickets pays 1,000.00 per occurrence. Team Marketing Material (calendars, programs, etc.) pays up to 500.00 per occurrence etc...etc...
At the end of the year, that menu is the reporting sheet for each athlete. They fill out how many spots they did, how many tickets they appeared on, how many marketing materials, number of meet and greets - and the amount that was paid for each of those items on the menu. Now the NCAA has a reporting of dollars paid to each individual athlete, the athletes have their reporting of revenue generated, and the schools have the figures for their purposes as well.
Then you add to that revenue, as determined by each conference, handed down to each school, and evenly distributed to each member of the roster, each indidivudal athletes allotment of the TV revenue. You can designate by roster status:
Practice Squad Member: 1,000.00
On the 120: 5,000.00
On the 85 Scholarship Count: 10,000.00
Appeared in 4+ Games: 20,000.00
The numbers above are all bullshit...but it's so fucking easy AND accomplishes the point of NIL in the first place. What's happening currently was never what was complained about or intended.