With the third-party clearing house who looks over all NIL deals over $600, they can probably get in trouble if its not legitimate.A question I read on another fan forum site was:
"In light of N$L is it possible for a school to cheat anymore?"
Beside academic violations it is hard to come up with ways a school can get in trouble with the NCAA.
I'd imagine they can also get in trouble for trying to do under the table payments and stuff that isn't from the cap or NIL.