That is one of the stupider strawmen in Boneyard history, and that is saying something. Where did I say players should not be paid? That is not a rhetorical question, please show me the post where I said that.
As for the rest, you have no idea what you are talking about. Right now, the NCAA has no legal structure or ability to regulate anything, nor does any combination of conferences. But the players are not employees yet, which seems to give them rights that an employee does not have. For example, as an employee, there is a duty of loyalty to your employer in most states. It is less clear what duty an independent contractor, which players are right now, has to their school, especially if their compensation is coming from an NIL collective.
But in your world, no one would be allowed to regulate any of it. Why not just have players change teams in mid-play at that point?