Eventually these students will be judged to be employees. Collective bargaining and contracts can accomplish most of what people want. But once they are employees, the big thing to watch for is if the governing law for student athletes shifts from title 9 (ensuring gender equity) to employment law which bans discrimination based on sex. In other words, if there is a job available, it needs to be open to men and women equally, and the best candidate wins without regard to their gender. Same thing for compensation - objective measures of performance would need to dictate compensation. So if the job is to be a strong athlete, men will mostly win. The whole idea of gender parity in college athletics would be challenged.