I don't totally disagree with your direction, Virginia, but I think you need more teeth behind it. I think you need to kill the TV and tournament money as well as the schollies.
If I'm part of the NCAA power elite, I'd be afraid this whole thing is going to blow up. I'd advocate for some type of newly formed, more independent NCAA with a new president and probably a larger budget to enforce these things.
The Power 5 might have a problem with that, but maybe those details are part of the fallout.
By the time this whole thing is complete, my guess is NCAA schools are going to need take pretty deep measures to keep the feds off their back - maybe even win back a bit of the public trust. I'd want that new president to get in front of the school presidents and ADs, and make it clear the death penalty will be used as much as sanctions were once used for schools with problems. All of this would be done with the singular purpose keeping the feds away and not killing the golden goose.
The death penalty is a wonderful threat and all, but it obviously doesn't scare the schools and programs enough. I go back to the Minnesota academic scandal. If the NCAA wasn't going to stand up for egregious academic cheating, what do you stand for?
And the Penn State thing still disgusts me!! How many more examples do you need of lack of institutional control - from the coaches to the university leadership to the alumni and fan response. All making excuses on so many levels so the money can keep rolling in.
Somebody needs to get this thing under control. If I'm the NCAA, I'd want to do it before the feds do it for me.