It has everything to do with it. Free tuition (scholarship) plus sponsorship $$, with much of that probably bagman deals with little to no actual sponsoring. You have to be kidding about the chemistry sponsorship right?
Hey, you’re the one that apparently thinks this law will somehow cause more hurt for non-athlete students beyond the already established athletic scholarship system, even though it causes no change in any way to how student athletes are “compensated” by the college. So I figure why not suggest a company like DOW chemicals to sponsor certain students in college who would then work for them afterwards - there’s your parity.