Nobody is paying attention. His reinstatement occurred, conspicuously, yet I don’t think it even made the ESPN college football page. If you’re setting conditions/punishing him, no need to memorialize it in the public domain — especially when literally no one in the media cares right now. There is an implication there that he did something wrong. Not sure how that helps the school if he does something really bad after reinstatement.
But, yes, you’re right. I’m sure that was the stated rationale among the admins, although through my lens it looks like pure virtue signaling.