Sure except the school doesn't pay the NIL. Unless Louisville withheld tuition payments, forced him to cover his own meals, hotel and travel for the bowl game, and didn't pay the monthly stipend as stipulated by the scholarship the school is contractual made to pay, then it's slightly different..
With NIL in play, why do athletic scholarships still exist? The student-athlete title should be removed and the players should only be enrolled as students if they meet the school's academic standards and if they want to pursue the dehree. The players should be employees of the universities and the programs should be no different than any other fundraising program on campus.