ISU Academic BonusesWe are already seeing a form of paying for play. Nine SEC teams give performance bonuses based on education and i think a few Big 12 teams do the same. Michigan is talking about giving bonuses. BIG 10 and I imagine other power 5 schools pay a stipend.i read somewhere that it was more than $2000 in 2015. It's not hard to imagine the Big 10 making a leap to some sort of outright paying to play to get a jump ahead of the SEC. I have a hard time believing the board of regents separating the athletic department from the university. If they are spun off, protections for women athletics would depend on the good faith of the athletic director, which is in short supply.
Colleges wouldn't spin off their Athletic Departments. They would spin off teams. If a school spun off its FB or MBB teams, then those programs are independent entities. Title IX wouldn't apply as the 85 football players are no longer university student-athletes. But part of a separate privately owned business. School could charge licensing fee for its name and facility usage. If the Dallas Cowboy franchise is valued at $7 BILLION, how much is Ohio State or Alabama football worth?
I would suspect, you could see Athletic Departments go away if revenue sports were no longer under university control. Olympic sports could become university club sports- similar to hockey at ISU.