NIL funding and college hoops

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So under the Virginia law.. and they make the Football team employees, due to title 9 wouldnt they have to do this for all sports?
 
So under the Virginia law.. and they make the Football team employees, due to title 9 wouldnt they have to do this for all sports?
That's how the P5 do what they've wanted to do for years and license their sports brands out to 3rd party companies.

i.e., the University of Oregon leases the "Oregon Ducks" name, trademark, etc, out to XYZ Company, LLC, and the players are, for legal reasons, employees of XYZ company, not employees of the University of Oregon.
 
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