A little to unpack in all this, but keep in mind this is the not the end of the reconfiguration of college sports, just the most recent big step. More chances in the road ahead, but some clarity was given with this ruling (along with a few more questions).
Here’s an article with details for those interested.
Basically, the NCAA will pay out more than $2.7 billion in damages over 10 years to past (back to 2016) and current athletes. Schools will pay current players (via revenue-sharing) from a ~$20 million per year pot. No more scholarship limits. All 5 conferences and Notre Dame agreed. The settlement still has to be approved by the judge, but is expected to be. Revenue sharing will likely begin in 2025.
As mentioned at the top, there’s still a lot left to get ironed out. And it’ll never be the same, which I don’t like. But, at least it’s finally moving towards some conclusion, at least in terms of the overall evolution.
Here’s an article with details for those interested.
Basically, the NCAA will pay out more than $2.7 billion in damages over 10 years to past (back to 2016) and current athletes. Schools will pay current players (via revenue-sharing) from a ~$20 million per year pot. No more scholarship limits. All 5 conferences and Notre Dame agreed. The settlement still has to be approved by the judge, but is expected to be. Revenue sharing will likely begin in 2025.
As mentioned at the top, there’s still a lot left to get ironed out. And it’ll never be the same, which I don’t like. But, at least it’s finally moving towards some conclusion, at least in terms of the overall evolution.