The difference is he could be (and probably is) a booster under NCAA guidelines.  If that is the case and he has admitted to betting on the program, it opens a different can of worms than the Moss situation.   
  
I didn't hear the interview, but if he did reference or hint at betting on the program, yes, he is in fact, a dumbass. 
  
Edit:  In fact, he is a booster.  He gave UM's athletic program $250,000, its largest ever gift.  Dumbass..