Are you assuming a current player would be defined as a “recruit” in this context? That would surprise me.
I think it’s different to say to a RECRUIT “come to IU and you will get paid x dollars” vs. to a PLAYER “We will pay you to be in an ad this fall as long as you still play here”. Maybe not, just pointing out the discrepancy in what it actually says and what you are saying it says.
I think recruit and player are interchangeable.
Scholarships are 1 year renewals. That's why the portal is so rampant these days.