Overview

• Judge Claudia Wilken granted final approval on June 7, ending decades of antitrust litigation over athlete pay.
• Each Power Five school can allocate up to $20.5 million in the first year for direct athlete compensation.
• Athletes who were barred from NIL earnings before 2021 will receive backpay through an online portal.
• All third-party NIL deals exceeding $600 must be reviewed and approved by a Deloitte-managed clearinghouse.
• State laws in some jurisdictions may bar public universities from participating, creating uneven implementation.