House v. NCAA settlement explained
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The agreement brings a seismic shift to hundreds of schools that were forced to reckon with the reality that their players are the ones producing the billions in TV and other revenue.
While Judge Claudia Wilken's decision lends room for optimism the case will be resolved, it also pushes back the timeline yet again
The settlement in House v. NCAA brings an end to the NCAA's long-standing tradition of amateurism. Starting this fall, schools will be able to pay players directly up to a salary cap of $20.5 million.
Nearly all of the $20.5 million that Ohio State is allowed to share with athletes in the next academic year will be through NIL payments.
What is the House vs NCAA settlement? How will settlement money be distributed? How are Louisville, Kentucky preparing for revenue sharing?
It was just four years ago that the NCAA cleared the way for NIL ... with highest NIL valuations] Wilken granted preliminary approval to the settlement last October. That sent colleges scurrying ...