Valid points.
Let's not forget, the NFL has been full of these "flashy total value" contracts for a while, the ones that agents can brag about, but which almost never pay out the full negotiated total.
That's what I think a lot of these fans are missing. Yes, some of these NIL deals MIGHT pay out the fully-advertised max value, if a kid comes in and wins the starting job on Day 1, and stays for years, etc.
But I think the real money that is actually paid out will be less. I realize that these small-***** SEC boosters/jock-sniffers love to pretend that they are the most important components of each school's football team, but there's no way that all of these millions will be fully paid out on a speculative basis to players that aren't guaranteed to (a) start and/or (b) stay.