How I think they want it to work is:
- Direct payment from the school - as with all collective bargaining, the floor will be higher than it would normally be, but the ceiling will be lower for some. I've said this before ... LeBron would have made far more than the NBA max at his peak, and there are journeyman players making way more than the 13th or 14th player should make.
- True NIL - but the payment has to be tied to real commercial value. Great players will be able to make a ton, because of their social media pull, or their ability to pitch products and services.
How they get there, who knows. But that's where they are heading, although they are being pushed.