Unfortunately, when you watch the video, the ball is still moving at this point. His foot had just dragged the carpet and kicked up the old tires ... but when he actually had control, his foot then came down again out of bounds and it kicked up more tire.
The best replay that was shown was the split screen that showed it from both sides. The official was on this side and was shielded from the ball movement, so he made the call based on what he saw.
I think this was the right call, but the 4th down replay was not.