6.A) Prestige Universities - One area that is worth addressing is that there are several schools who do not get as much out of affiliating with what is becoming a minor league as other schools do. While I am sure they like the checks, Northwestern and Vanderbilt derive very little value in terms of student interest from their athletic programs getting stomped by pro teams. They did not try to compete in the pre-NIL/Transfer Portal world, and they certainly are not going to bid up to bring in the caliber of free agents necessary to win against Michigan or Alabama. These schools can afford to compete, they just don't want to because that is not how they generate their real money, which is alumni donations.
I was surprised that Cal and Stanford did not take the lead on this, but we may need one or two of the other shocks to the system to happen first before the prestige universities break off to form their own league. I think Northwestern, Vanderbilt, Duke, Cal, Georgia Tech, Wake Forest, Stanford, Miami, Rice, Tulane, Boston College and maybe some wildcard like the University of Chicago could form a league of likeminded schools. It would still be possible to compete nationally in basketball out of a league like that, but those teams wouldn't have to take the poundings in football, and their alumni would LOVE it. Notre Dame would commit felonies to get its hoop programs and Olympic sports into that league. I think this league would probably turn away 20+ applicants. I am a little surprised it has not happened yet.
This is related to #6 above in that these schools spend millions on branding themselves as exclusive, premier educational institutions, and playing Mississippi State or even Florida State on Saturdays does not help with that branding at all.