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Yep, agree.

I think the most egregious failure of pre-NIL, like decades long failure was lack of insurance on players.

You could be star player who makes millions for school, get knee blown out as a junior and wind up not getting selected for NFL draft and get nothing.

But you're right, it was always wild-west anyway. Big boosters who owned local businesses would hire star players moms for no-show jobs....etc. Better to legitimize it and have things transparent.