LSU-SIU
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The NCAA can still restrict recruits/players from being paid directly by their member institutions for athletic-based performance. I'm not angry about anything, but you are talking out of your butt.
They can't collude and interfere with commerce as a monopoly, it really is that simple.
An individual school could setup their own policy as long as they are not colluding with the other member schools, generally speaking. The problem is with the NCAA and the member schools being a part of that.
There really isn't anything complex about this, you'll eventually get to the bargaining stage.