Overview
- The settlement provides $2.8 billion in back pay to thousands of current and former athletes who competed since 2016 under House v. NCAA.
- Starting July 1, each Division I school that opts in can allocate up to $20.5 million annually to pay its athletes directly.
- Players must self-report any NIL deals over $600 to the College Sports Commission, which will evaluate them for fair-market value.
- Deloitte’s NIL Go platform and LBI Software have been enlisted to track and audit both revenue-sharing disbursements and NIL agreements.
- Conference commissioners are calling on Congress to pass a uniform federal NIL statute and grant limited antitrust exemptions to preempt conflicting state laws.