There's the locker room dynamic of this as well. To this point, there hasn't been a team that ridiculously overpaid high school recruits and made it work with team culture and chemistry. Aggy '22 class being a prime example.
Legally, I'd guess some things will happen quickly. The likelihood of the clearing house being able to reject third party payments is preposterous on its face. I can't think of a high profile example of anything like it in US history. I doubt the "affiliated" cap on NIL deals last very long, but it may make it through this cycle. What's affiliated? Who decides? The clearing house is not a disinterested third party. All to say, those schools that have kept spending like there's no tomorrow will at best face a period of legal limbo that's unlikely to permit them to hang on to most of the funny money deals.