No Draft Equivalent
The biggest issue with the NIL program is that there is no equalizer for small schools. This means that it will be very difficult for them to retain their best players or entice exciting talents. The NFL draft works effectively because the worst players get the best young players the following summer.

This can change the course of a franchise if they have the right coach in place. Just look at Joe Burrow in Cincinnati. But there’s no equivalent or spending cap with the NIL program and this creates an imbalance. Legislators must find some kind of solution or there won’t be any competition at all (via ESPN).