Making student-athletes employees allowed to collectively bargain may be problematic but that's a wait and see. MU82 makes a valid point so your extreme example is unlikely to occur. The bolded part is flat out inaccurate. The player was being held to a different standard than all other students at the university and the university was unable to provide a justification for doing so. The judicial opinion actually made sense. (Of course it appears that the university slow walked the ensuing internal investigation but that's a different issue.)
From his law firm:
Further, the Court found, using relevant case law (Ganden v. NCAA, 1006 WL 680000 at *6 (ND Ill. Nov. 21, 1996), Huntsonville Cmty. Unit Sch. Dist. No. 1 v. Illinois High Sch. Ass’n, 195 N.E.3d 662 (5th Dist. 2021)) that TJ would be irreparably harmed as 1) his draft stock had already begun to plummet since his suspension, 2) he could lose compensation through loss of his NIL deal as his name, image, and likeness is worth very little if he is not on the basketball court, and 3) he loses opportunities to play basketball at the highest level on a national stage.