I just don't know if it will be that straight forward. There is WAY too much political and legal red tape for them to just separate.
I used to have faith that the political system would keep the NCAA, conferences and colleges somewhat in line. I no longer have that faith. Congress can't agree on anything, and it doesn't take that many of them to block and destroy anything of merit getting thru.
So, you are left with the legal red tape. And that means lawyers. So, basically we are forked.