There will be major shifts every year. The lawyers have only begun to parse out the contracts. The definition of an NIL agent is far from clarified. Multi-year contracts will become the norm with painful escape clauses. Right now, I wouldn't give a penny to an athlete based on what their future performance might be. I would only pay based on what they'll bring to the field THIS YEAR.
I have long been a believer that head coaches, all across college football, should be paid 500K a year. Want to make millions? Then f^^^ing win and hit bonuses:
9-10 wins = 500K bonus
11-12 wins = 1 million bonus
Win your conference division = 500K bonus.
Win your conference = 1 million bonus.
Make the CFP = 1 million bonus
Win the CFP = 3 million bonus.
Sign a Top 5 recruiting class = 1 million
6-10 recruiting class = 750K
11-20 = 500K
21-25 = 250K
The numbers listed above are flexible but give an idea how a merit and performance based system would work. You could also change the metrics and apply it to players based on their on-field accomplishments, not their "star rankings" coming out of high school.
Oh and as a coach, or player, when you sign a contract, if you fail and/or don't succeed, you get nothing. So a coach who signs a 3 year deal, goes 5-19 in 2 years and is fired? No contract buyout for the 3rd year. You walk away with nothing. Same for the players, fail or are a bust, you get nothing. Let the best rise to the top and get paid, the middle can make a good living, and those on the bottom can be on the struggle bus with everyone else.
Basically, no more guaranteed millions for terrible results.