I feel like it's the opposite. Big dog programs can recruit the best HS players, go through a sifting process and separate the wheat from the chaff, dump the various busts and malcontents and underachievers onto the portal, and then themselves go to the portal and scoop up all the best players from the G5 ranks, and teams like Purdue, and even from 1-AA, and in rather efficient fashion, maximize their rosters and their depth charts. Heck, just being able to raid the portal as needed to fill a critical need or two is a huge advantage for big dog programs, who otherwise have robust roster stability.
So I don't think it creates 'parody'. It encourages the opposite.