The House v. NCAA settlement, which is a collection of three lawsuits against the NCAA and its power conferences, was approved by Judge Claudia Wilken on June 6. The historic settlement allows every United States university to pay student athletes up to $20.5 million. Athletes can still receive name, image and likeness payments from third parties.
Additionally, as part of the settlement, the NCAA will collectively pay $2.8 billion over the next 10 years to former athletes dating back to 2016. Most of this money will likely go to former power-conference football and men’s basketball players.
How the universities disperse the $20.