No, you apparently don't understand it.
With the O'Bannon case pending, as well as the coming concussion lawsuits, this ruling will basically make college sports too rich for the blood of the vast majorities of universities.
This ultimately leads to open compensation, which will turn college athletics into a legal bidding war for players far beyond the corruption that occurs in the shadows now. Through sponsorships and other means, a booster will have an unlimited means of providing compensation to highly recruited athletes that is far beyond what the average player in the NFL makes.
That will create a huge disparity between schools, between sports, and even between players on the same team. Most schools will opt to dissolve their athletics department altogether, especially when the Title IX advocates start squealing for equal pay and treatment for women's athletes.
The only way to stave this off is to double tuition and fees for everybody else. How's that sound?
I think this will result in an AAU-like minor league system (which is beyond corrupt), and college sports will become a game for private industry. In other words, purely professional only.
This will trickle into the high schools, and amateur sports will be truly dead.