This paying players with no form of cap is already out of control and it will get much worse.
My crystal ball agrees. There's no natural incentive to reign in spending. Even if the conferences come up with a solution, who's to stop some random fan who wants a player and has the wherewithal from bidding them up? Fans that want a winner will pour in the funds. But it's always been that way, just not on steroids like it is now.