No the schools' greed and stubborness prevented them from striking a new deal. It is untenable to have the head coach making 5 million, the schools takes 50 million, while they tell the young man to get his head impacted for room and board.
The antitrust act says that the schools cannot act in the restraint of trade. Meaning the schools cannot tell players that they may not sell their NIL to 3rd parties. A collective bargaining agreement with an employer and a union gets you out of the antitrust law. I predict that powers that be will herd everyone into a CBA.