News broke Friday night that Michigan is one of three schools investigating possible NCAA violations after a retailer was found to have school-issued Wolverines shoes in stock. If a UM athlete sold school-issued shoes to a retailer, it would be an NCAA violation.

School-issued exclusive shoes such as Michigan’s can fetch thousands of dollars on the resale market. ESPN worked with shoe-marketplace website StockX to track down 23 pairs of Michigan’s school-issued shoes selling at an average of $4,671 for a pair. Earlier this week, North Carolina revealed it had suspended 13 Tar Heels football players for selling school-issued shoes to retailers. Like North Carolina, Michigan is one of Nike’s Jordan brand schools (along with Florida and Oklahoma). The Wolverines sport the Jumpman imprint line in both football and basketball gear and uniforms. At all four schools, the other athletic programs continue to wear Nike uniforms.

The report noted Cal and Marquette, non-Jordan brand schools, are also investigating sales of school-issued shoes.

After the report was published Friday night, Michigan put out a statement confirming compliance was looking into the matter.

Just because Michigan-issued shoes are on the resale market does not mean any violations have been committed. ESPN’s report notes that any shoes given to non-athletes such as celebrities, donors or other alumni would not be subject to NCAA violations if sold. Once players have departed the team, such as graduating seniors, they are also no longer subject to the rule. The school also could have donated pairs of the exclusive shoes to charity. After the North Carolina situation, however, it makes sense that compliance is looking into the matter and investigating.