Maybe I'm off base, but I think there's a growing disdain from fans toward college football and how it currently is. Just the online response to how UcheaT handled Nico and his situation tells me there's at least some.
You're not wrong. The problem (and Cam Newton's comments show that he doesn't understand the issue fully, either) is that it's virtually impossible under the laws of the USA to limit anyone's earning potential. About the only way to do it is via an employee-union collective bargaining agreement. And once we have that in place, college football completely ceases to exist and it's just regional semi-pro football with school names painted on.
The NCAA lost a case back in the late 90s or early 00s regarding what they called the "restricted earnings basketball assistant coach." There was a cap on that particular position and the NCAA lost in court. This came at the time where the NCAA could do (and was doing) just about anything it wanted in regard to bylaw enforcement. Limiting what a person can make artificially is a commerce clause no-no.
We will never go back to the way things were unless Congress passes an act that carves out special rules for colleges and college athletes. At this point, there isn't sufficient pressure from the public to do so (and it will be needed to get a bipartisan resolution to this). We are far more likely to continue to go down the current road we're on, or just throw up our hands and call it quits. What is being decided here is the concept of amateurism -- and there's a 9-0 SCOTUS ruling that, as I read it, basically says amateurism cannot be enforced.
There is, of course, one legal way out already, and it's the same way we got in this mess in the first place: the free market. If fan interest wanes, pools of money dry up. The athletes cannot force schools to pay them above market rate, no more than the schools can force them to play for below-market rates. But we're way away from that.
I will say this, just for myself: I've noticed high school kids start to make demands, and I've heard it's coming to travel ball teams too. At some point it's going to cause a mass blowback. I'm already there. I see less and less value in sports franchises with each passing year. My family had already started to adjust our time spent on such things back during the covid shutdown and I don't see that trend reversing. I know I'm not close to being alone. And when that kind of pushback reaches critical mass, a lot of athletes are going to learn Economics 101 without having to get it from a classroom.