Take your thought process one step farther: Should the Torch have claimed the value as income on his tax return? If some un-related stranger looking for something in return gave me things of value, the IRS would be all over my ass! If this clown walks, there should be a massive taxpayer revolt.
By the way - hope ND finds a running back for the upcoming season.
Don't worry too much about a running back, Ryan Grant will prove more than worthy a replacement. Look more for how well they can adjust to the west coast offense. The offensive line is really solid....all 5 starters are returning.