CLEMSON — The NCAA vs House Settlement will go into effect on Tuesday, July 1, signaling a new era for college athletics. The settlement is supposed to mark a significant shift, formally ending the NCAA’s long-standing amateurism model and allowing for direct payment to athletes.
The settlement calls for damages to former athletes, too, as the NCAA, along with the SEC, Big Ten, ACC, Big 12 and the Pac 12 agreed to pay $2.8 billion in damages to former athletes who were prevented from earning compensation for their name, image and likeness (NIL) prior to 2021. This will be paid out over the next 10 years.