I think it will just blow open the doors again for cheating and corruption, personally. But for sure, it will get back to "regulating" for what it was originally intended, I'm sure. Rev share will pay some of the market values... collectives will largely "go away"... and the players will be back to being spokespeople for companies, doing camps, autographs, etc... That's where the corruption will flow back in, though. Noah Washington will become a spokesman for Simon Properties, with obvious Indiana colors and references... Or he'll be in Papa John's commercials, with obvious Louisville connections... and he'll get millions for either of them.The House settlement could/should change things pretty significantly as it pertains to NIL.
The answer to all this BS... is figuring out how to contract all this stuff, and to regulate the transfer rules quite a lot more. This utopia free for all, for EVERYONE involved, just needs some common sense rules. Its more than fair that the athletes that are creating such a value and revenue, should get paid a portion of it. But like basically every other "market", they can sign actual binding contracts for that.