If the Power Football institutions wish to create a Saturday semi-pro football league where players are under contract, do not need to meet any academic testing standards or be a part of the university as a student, that is fine. Let that money reside with the semi-pro institutions so they can fund all of their other athletic programs.
That said, do not expect those of us that support student athletes and amateurism to permit the semi-pro league teams to have representation in the NCAA tournament, track & field championships, collegiate baseball, etc.
In other words, give them want they want, MONEY! Let us have and enjoy competition and sports without the headaches of professionalism. Watching a relatively unknown, amateur 17 year old US Olympic swimmer win the Gold Medal in Tokyo was far more enjoyable than watching these collegiate athletes complain about 4 star accommodations or not getting paid to play.