actually going to school (and probably not getting paid), that’s the league I’d watch, even if it’s “worse”
If the NBA or Gatorade or whoever had set up a semi pro league in 2010 or whatever and just licensed college names I would have had zero interest in watching, and still do. Doing the same thing with extra NIL steps in between doesn’t change things for me.
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Lease the facilities, license the name, logo and such, let private money run a 25 and under pro league. They can figure out how to pay the players, the DIA can run the sports that don't make any money, and return those to regional conferences.
If the players want to go to school, work that out, but if they don't, that's fine too. It's far from ideal, but I think probably better than where we are, and are headed.