NIL, or PTP (Paid to Play), as it should be called, will have a lot of unintended consequences that will be interesting.
I don't want to hear anybody say it's not fair to criticize players for terrible performances because they're just kids playing a game. I don't want to hear how players are hurting in the locker room because they did the best they could and got beat 50 to 3. If you're playing for money, it's fair to criticize you when you do bad. And nobody wants to hear you're hurting, if you just got paid a lot for getting beat.
I don't want to hear "we've got a good quarterback room, I don't know what the problem is," if one of them is getting paid ten times more than the other ones.
If you're getting paid a fortune by a car dealer and the coach disciplines you, the coach better be ready to hear from you and your car dealer and your lawyers.
This is going to change a lot of things in ways people haven't thought of. You can't be a kid and a paid athlete with a sponsor and a lawyer all at the same time. Got a hot date and your car dealer wants you at the dealership for a meet and greet, well tough.
Good luck. You have sold your right to be a college kid. You don't get to be a kid anymore. You don't appreciate what you're giving up.