Apparently that's what is happening at Tulane. Until we see if House actually can limit NIL deals, it's still an NIL deal driven world. If he walks on somewhere, I seem to recall an NIL that was paying tuition for all walk ons at some point in this madness, so that may be part of it.
It's possible Boo is thinking college is just where he has to go before he can enter the draft. That's historically a bad strategy and education should be the point of going to college but money sank that ship decades ago for some guys and we've all known and loved Vols who were at the school just for sports and to just stay eligible academically. It's not a new thing.