Alright, I'll try to simplify this.
This is absolutely, positively, completely NOT NIL, no matter what the inaccurate headlines say. This was a payday loan.
Dexter did not have to DO ANYTHING, or perform any services, to earn the money that was advanced to him by BLAF.
As such, it is entirely possible that this never went through any sort of "NIL review". Because it's not NIL.
Now, having said that, there are a wide variety of contracts a person COULD enter into. Dexter could have taken out a mortgage on a house, and that's not NIL either.
But what seems to have happened is that he was advanced money against future ATHLETIC PERFORMANCE income, which is also not NIL and is a definite violation of the NCAA rules. And, yes, it's not a problem for MLB players who are going into the minor leagues, but it is ABSOLUTELY a problem in any sport that requires "amateur" standing.
Here is an angle that very few people have considered thus far - this type of NON-NIL income invalidated Dexter's eligibility. Thus, the University of Florida could/should be required for forfeit games in which Dexter played. I know that Dexter played in every game in 2020, so Mullet might lose his 8 wins from 2020, plus his 5 wins from 2021. And Slingblade Billy might lose his 6 wins from 2022.
Words matter. This is why I was asking about whether this is ACTUALLY an NIL deal or not. Because if it is not...then that is BAD NEWS for the Gaytors. Very bad news. Dexter was ineligible. And this can't be fixed by him paying a booster back for an impermissible dinner.