The NCAA House Settlement has been officially approved.
Following multiple delays and revisions, Judge Claudia Wilken approved the NCAA's $2.78 billion House Settlement on Friday, meaning colleges will be able to engage in revenue sharing directly with players beginning on July 1. Roster limits in many sports will change, some reduced, some increased, but the NCAA agreed to grandfather in athletes who would have been impacted this year as part of a compromise.
The model created by the settlement will permit schools – though it won’t require them – to share revenue with athletes up to a cap equivalent to 22% of the average revenue for power conference schools.