Big Bad Bruins
Joined: 10/01/21 Posts: 225
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Posted Tue, Apr 15 10:34 pm
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https://www.npr.org/2025/04/07/nx-s1-5354232/paying-college-athletes-ncaa-legal-settlement
Key takeaways:
Starting July 1, the House vs NCAA settlement establishes a future revenue-sharing model where schools can distribute up to $20.5 million annually to athletes, sourced primarily from media rights and increased costs to fans and students.
The settlement also introduces a third-party clearinghouse operated by Deloitte to oversee NIL deals worth $600 or more, ensuring they are of fair market value and not used to circumvent the salary cap. Athletes will have to report NIL deals greater than $600 and any such deal has to be for a valid business purpose.
A federal judge held a final approval hearing to allow supporters and objectors of the settlement to make last arguments about the agreement. Compensation splits for prior years and roster limits are some issues that are still being discussed.
Plaintiffs' lawyers and attorneys for the defendants, the NCAA and its major conferences, both urged the judge to approve the settlement. Judge Wilken set a deadline next week for lawyers to file a response to the objections raised at Monday's hearing. Ultimately, she spoke positively of the settlement as the hearing finished, suggesting she favors approval. A final ruling from Judge Wilken is expected in the coming weeks.
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