I hate to be the wet blanket here but the Lville AD is going to be just fine. The PSU AD is going gang busters and the BU AD is doing just fine. The entire SEC has been paying players for decades and none of thier ADs have suffered long term. H***, look at the recent UNC cheating scandal...it's totally in the rear view mirror now.
Little bit different here. The NCAA was always going to turn a blind eye in the name of the prospects of making money. This time, though, the Federal government is involved. Completely different animal. Nobody compels you to cooperate with the NCAA, and there are little consequences for lying to them. With the FBI involved, not cooperating is obstruction of justice and lying is perjury. If you don't cooperate with the NCAA you get slapped on the wrist. If you don't cooperate with the Feds you get slapped on the wrist with silver bracelets and get taken to Federal PMITA prison.
From what I was hearing on the radio on my way home from work, this is
REALLY bad for the NCAA - as in the FBI is about to drop a nuclear bomb on them. Their world is about to come crashing down on them. There are at least 50 schools that can get pulled into this investigation just right off the top, and that's not even getting into how this may cross over into other sports, mainly, football, and don't pretend there aren't skeletons in those closets. I would not be stunned if, at minimum, this is what causes the NCAA to lose its "nonprofit" status. I'm curious to see just how many teams get death penalty-like sanctions over this.
I just really hope Iowa State is pristine in this, not just because I don't want to see the institution I spent 6 years of my life at having the hammer dropped on them because they committed federal crimes, but imagine, if they are clean, how they stand to benefit from a landscape that hasn't just shifted, but been completely bulldozed.