All I’m reading says whatever is spent to support male athletes will be made available to female athletes. They are broadening the reach of title IX to include these new benefits.
Yes, that is what the NCAA is proposing. But again, people are making (in my opinion) an error by thinking too narrowly about the future state of college sports, and assuming that what exists now will exist in 3 years.
The subtext of this proposal is that the NCAA is clinging onto the cash cow of major college athletics for dear life. They're making this proposal to try and become the governing body for NIL money, but there's no clear incentive for the major programs to accept that. The biggest barrier to this proposal being accepted is the P5 programs themselves, who may not have any interest in running this through the NCAA. After all, the line is blurring an awful lot here between amateur and pro. What value does the NCAA offer the University of Texas in this framework?
Can you imagine the pushback now if schools take this to court to deprive the females of this new windfall?
Title IX illustrates my above point very clearly. If you run NILs through the NCAA you bolster the legal case that NIL money is an educational benefit that must be shared equally amongst men's and women's sports.
On the other hand, if NILs are run by outside orgs -- as they are now -- there's no guarantee that courts view them as an educational benefit and rule that "the windfall" has to be shared. Logically, it makes no sense that NIL money -- which is based on the value of an individual athlete's name, image, and likeness -- would be of equal value for the Heisman Trophy winner and a woman's volleyball player.
The NCAA wants desperately to be in a position to govern the NIL because otherwise they're on the outside looking in. I'm not sure the biggest athletic programs are well served by that.