What about transfer rules?

Should an athlete pick Miami because every player there gets $100k per year to start with, but after becoming a star as a Freshman WR be able to transfer to Texas based on their boosters paying their stars $500k per year?

Does this mean that athletes will need to be signed to 2-3-4 year contracts by the boosters of a school to insure they don't transfer? Will they have buy-outs that allow them to go pro or will the NFL have to pay a fee (like you see in Soccer) for a player to leave a club (Alabama) in one professional league (the SEC) to move to the Baltimore Ravens of the NFL?

What about agents? If you are bringing this kind of money into college sports, shouldn't the athletes be allowed to have professional representation to look after their interests in negotiating these deals?

My point is that its easy to make the statement you did about there basically being no rules but when you look at the implications, it gets really complicated really fast.