As far as I know, that's not the case with ball companies. The details of the contract vary from bowler to bowler, but in most cases, there's at least comped equipment and a stipend. There may be expenses, too, but my guess is that's the exception, not the rule.
Many of the exempt bowlers have sponsors, people who put up money for expenses and share in the winnings. Ryan Shafer has mentioned his a few times on TV. Those guys aren't necessarily being promoted by the bowlers the way staffers promote their ball companies. They simply invest in the bowler and their return is to share in the winnings. The return for the ball companies is the promotion and exposure they get from the staffers.
SH