Let's think this through. A 5 star qb wants $10 million for NIL. Whats a reasonable amount for a top flight RB? The same? Ok so we are at $20 million.
Let's add $2 million each for a few linemen. A million for some strong defensive secondary players. Let's say $2 million again for WRs and star TE types. Maybe 500k for about each of another 7 to 10 players on your squad.
Could easily be $50 million to buy yourself a nationally competitive team. So yeah, there's some sour grapes. There's also some immediacy to our own situation that maybe brings home to UF fans earlier than most that what we used to know as college football is a shadow of its former self.
As a general statement that, "we spend way too much on entertainment as a culture, and not nearly enough on the really important stuff (however each of us define what's really important)," I agree with you. I myself would love if we paid teachers like my wife a helluva lot more than any entertainer. I'd love if we paid cops and firefighters like my brother-in-law a helluva lot more than any singer or actor.
But that's not the world we live in. Collectively, our priorities are different than that.
If you want to protest, here's what you do. Don't watch football ever again. Don't watch any movies. Don't pay for TV. Don't listen to professionally developed music. Take all that money you save, and give it to the folks you say you value most.
Do that, and you're walking the talk. Enough folks join you, and our culture will shift to reflect the collective values.
Until then, it's really just sour grapes.
The market will bear what we collectively decide our entertainment is worth. If that's $50m for the top end college programs, that's what it is. If it turns out to be $100m, well, that's what it is. If it settles down to only be $10m or $20m, ... whatever. Whatever it is, that's what we're collectively saying it's worth to pursue championships.
That may not match the romantic notion of college football you cherish (though reality has always been far less idyllic than the fiction you seem to be clinging to). But it is far from being any kind of death knell for the institution of college football. It is simply evolving, as it has since the sport emerged in the mid-1800s.