What is happening with the NIL and portal issues is that college football needs to become like college baseball.
In baseball, colleges are protected from poaching from above(MLB) due to the draft rules. In football, it is the Wild West where poaching is rampant from above(Elite P5). The call for protection from poaching is growing in the NCAA. They will either fix this issue, or they will destroy the collegiate athletic model.
There are no other outcomes.
The P5 is now just another professional football league.