No, minimum jobs requirement skills. Have played that position prior, have X number of touchdowns, yards and completions to apply for position. That can be 10 total yards, 1 touchdown and 1 completion to qualify for position. This means the left tackle doesn't qualify for the posted job description of entertainment quarterbacking
This means all viable quarterbacks can apply at Tennessee, so long they meet these above minimum requirements. Tennessee can then narrow their prospects for the job based on who they fill is the most qualified and best fit for their position needs and the job offers up to whatever value you are willing to pay. Up to 5 million annually (example), if that is what you are willing to pay, because it is contractual and certain parameters and conditions must be met. This protects the prospective job seeker and the employer. Since they would be contractors, the terms can be reevaluated annually, or whenever the agreement states. If a player just dips out and transfers, they are in breach of contract. Even better for Tennessee would be a scenario where if Ohio State really wanted Tennessee's 5 million dollar QB, Ohio State can buy out the contract to give Tennessee financial protection at a minimum.