Using NIL as a recruiting inducement is a FOOL'S GAME--a sucker's game. Do UT fans think it's going to give us a recruiting advantage over all the other majors in the country--all of whom also have boatloads of crazy boosters/fans and collectives with piles of money? Don't be naive--it won't.
There is no advantage in it for us or anybody else. All it amounts to is a bunch of collectives running around acting like desperate supplicants--hoping to shower some 18-year-olds with money so that he or she will sign with us. Sure, we can win a few select bribery contests--and let's not kid ourselves, NIL in recruiting is just bribery--if we offer some crazy, embarrassing sum of money. And all the other majors will win their share as well. And all the majors will lose a lot of bidding contests. All the majors---egged on by their crazy fans--are hyper-competitive, irrationally competitive--and so nobody is going to sit around and lets its rivals outbid it for top prospects.
So what, in the end, is the point? We've got fans who think if we just get more people to send their hard-earned money to the collective, we'll win more recruiting/bribery battles and have better teams. It won't work--because all the majors are the same: crazy. And meanwhile, all the majors are just turning high-schoolers into cynical, money-grubbing mercenaries--half of whom will transfer after a year or two after signing with some sucker school anyway.
UT and others can sue the NCAA and try to win back the right to bribe high-schoolers, but, again, to what end? That we want to be free to corrupt 18-year-olds? There is no advantage in it for us or anyone else. If the majors were wise, they'd all agree to abide by the NCAA's rules and use NIL ONLY for current student-athletes--which is how it was conceived--not as a recruiting inducement. Recruiting should be about selling your tradition, your program, facilities, coaches, academics---not who can pony up the most money for some kid and her money-hungry parents. At the end of the day the majors will have to decide if they want to retain a bit of integrity in college athletics. There's not much left---but there will be none the way things are going.
P.S.: It shouldn't surprise anybody that NIL was first hatched in, as I recall, the georgia state legislature, followed by Alabama and then, maybe Kentucky. They were all SEC states---natch---and I think Oklahoma and Ohio quickly jumped in with their own bills. Which proves my point.