The NCAA has agreed to a $2.8 billion settlement to resolve three antitrust lawsuits. This deal, known as the House settlement, aims to compensate past and current Division I athletes for limited earning potential due to NCAA rules. The settlement proposes a new system allowing schools to pay athletes directly, starting this summer. It includes a salary cap of about $20.5 million per school annually, increasing over the 10-year term of the deal. The agreement also enhances the power of major conferences to regulate name, image, and likeness deals. However, the settlement faces scrutiny over roster limits, potentially affecting thousands of athletes’ spots on teams. Judge Claudia Wilken, overseeing the case, suggested grandfathering current athletes to mitigate roster cuts. Concerns also arise about the distribution of the $2.8 billion, with men, particularly football and basketball players, expected to receive at least 90% of the funds. The settlement’s approval remains pending as Wilken addresses final concerns.
670 The Score
@670TheScore
·
3m .
@DavidHaugh
weighs in on the future of college sports as a $2.8-billion settlement between the NCAA and current/former athletes is near completion. If finalized, the deal could reshape college sports.
On3 NIL
@On3NIL
·
13h NEW: NCAA President Charlie Baker on today’s settlement hearing:
“If approved, the settlement will allow student-athletes the opportunity to receive nearly 50% of athletic department revenue in a sustainable and fair system for years to come.”
https://on3.com/nil/news/house-v-ncaa-settlement-judge-claudia-wilken-suggests-grandfathering-spots-for-roster-limits/…
Nigel Carter
@NigelCarter_
·
Apr 2 Big changes are coming to college sports. If the House v. NCAA settlement is approved, schools can begin paying athletes directly through revenue sharing—capped at $20.5M/year per program—starting July 1, 2025. Each year the “cap” will rise.
But let’s be clear: revenue sharing
GenXbarefootpost
@BarefootGenX
·
1h #NCAA plan for #NIL REFORM
Starting this fall, US colleges and universities could share athletics revenue with players for the first time ever, under a controversial settlement poised to get final approval from a federal judge as soon as today.
It’s seen as the biggest
Spotrac
@spotrac
·
Apr 7 An outstanding breakdown of today’s NCAA House Settlement hearing by
@McCannSportsLaw
.
If approved, colleges & universities will be able to directly pay their athletes (in addition to scholarships & 3rd-party NIL deals).
ECNL/GA/Recruiting/College Soccer
@ImYouthSoccer
·
21h This is a MUST read from
@McCannSportsLaw
on the #NCAA Settlement as a really great overview or where were are, how we got here, and what to expect moving forward and on what timeline.
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