As noted, it is mostly a warning shot in what has been a long debate. It references only private Universities because the organization in question has nothing to do with public schools. There is no immediate effect of the opinion.
That said, as an analyst in the article pointed out, it is a warning that the model at some point may have to change. I don't think it is a stretch to recognize that some, certainly not all, athletes in the major revenue generating sports (we all know which 2 sports those are) are not really, really "students". There have been some women's basketball examples, the academic advisor at RU (this was easily 15 years ago) told the fan club the story of why we didn't get a certain anticipated star player and why someone else did. Short summary - as he said, she really wasn't qualified for college. He told Vivian there was no way. At the other school (he called them) they "made an exception". Although she was a star, she didn't last 4 years. FWIW.