Settlement: Revenue sharing makes D-I players more like pros
The landscape of college athletics will officially change beginning July 1, after U.S. District Court Judge Claudia Wilken approved a settlement Friday night in House v. NCAA that essentially ends amateurism in Division I sports. House was used to consolidate three cases.
Wilken approved a $2.8 billion settlement for athletes who competed dating back to 2016. Minus attorneys fees, that money will be paid out over 10 years, with preference given to football players, and men's and women's basketball players because of lost NIL opportunities.
The agreement is complicated in form and function, covering a wide swath of issues. Besides the damages established, 150 NCAA rules will be amended to accommodate the following:
• Schools can now share revenues directly with its athletes. • Roster limits will be established for all sports, but there will be no limit on scholarships. • All NIL deals over $600 will be enter a clearinghouse review by accounting firm Deloitte to ensure market value and compliance. • A framework is established for private oversight of Division I athletics that will exclude the NCAA from enforcement of NIL, revenue sharing, and distribution of the settlement payouts.
Essentially, Division I will become a private entity and the student-athlete is no more — they're professionals now, but at least NIL will be less of a Wild West once formal oversight puts some guardrails up.
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THE ASYLUM
Bob Maddamma
5:12 am - 06.07.2025rochester, n.y.Settlement: Revenue sharing makes D-I players more like pros
The landscape of college athletics will officially change beginning July 1, after U.S. District Court Judge Claudia Wilken approved a settlement Friday night in House v. NCAA that essentially ends amateurism in Division I sports. House was used to consolidate three cases.
Wilken approved a $2.8 billion settlement for athletes who competed dating back to 2016. Minus attorneys fees, that money will be paid out over 10 years, with preference given to football players, and men's and women's basketball players because of lost NIL opportunities.
The agreement is complicated in form and function, covering a wide swath of issues. Besides the damages established, 150 NCAA rules will be amended to accommodate the following:
• Schools can now share revenues directly with its athletes.
• Roster limits will be established for all sports, but there will be no limit on scholarships.
• All NIL deals over $600 will be enter a clearinghouse review by accounting firm Deloitte to ensure market value and compliance.
• A framework is established for private oversight of Division I athletics that will exclude the NCAA from enforcement of NIL, revenue sharing, and distribution of the settlement payouts.
Essentially, Division I will become a private entity and the student-athlete is no more — they're professionals now, but at least NIL will be less of a Wild West once formal oversight puts some guardrails up.
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Become a member, and enjoy premium benefits! Make your voice heard on the Steelers, Penguins and Pirates, and hear right back from tens of thousands of fellow Pittsburgh sports fans worldwide! Plus, access all our premium content, including Dejan Kovacevic columns, Friday Insider, daily Live Qs with the staff, more! And yeah, that's right, no ads at all!
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