Pay Them What They're Worth
If it's not totally fair to have just one or two guys on a team get paid, then just pay everyone by stats. Just like in Major League Baseball, schools should bring in independent arbitrators to assess exactly how much a player is worth on a yearly basis. It's incentive to play better, and it means that the team won't cost an arm and a leg for the school. Benchwarmers get a benchwarmer salary, stars get paid like it, just like in the pros.