I'm sure Ledlum is getting a bag on top of school, but it's pretty plainly using NIL to exploit scholarship limits. I don't think you'd see programs carrying essentially 15 scholarship guys every year, I think you'd see programs with wealthy alumni using it as a get out of jail free card after they underachieved, and particularly after they fired their coach. Maybe recruits would stop committing there, but in the NIL era, money has a lot of pull, and the schools that would be able to take advantage have the deepest pockets.
Programs push guys out all the time, but giving schools additional flexibility regarding scholarship limits allows them to fast-track roster turnover, which, to me, isn't a good thing for student-athletes. Over time, it may well work itself out, but I just don't really see the point of letting a pretty obvious loophole exist in the mean time.