Well it certainly does to the effect that he'd be playing on the Universities court, and wearing a jersey that says Iowa on it. And for that matter if he'd get paid its ONLY because he would be playing for one school or another, so YES the schools are involved. Or do you think they're going to start paying these kids on the street corner playing backtop pickup games? The schools are involved, and they are culpable in this mess..There.... Ol' Doodle fixed it for you.
Let's just go ahead and abandon the utterly absurd pretense that any of this has ANYTHING whatsoever to do with "school."