NCAA Settlement Revised to Define NIL Deal Oversight, Remove 'Booster' Term

Attorneys modify $2.78 billion settlement to address judge's concerns about regulating athlete compensation deals.

The revised settlement replaces the term 'booster' with 'associated entity or individual' to clarify which NIL deals will be scrutinized.
Changes aim to satisfy U.S. District Judge Claudia Wilken's concerns and gain preliminary approval for the landmark settlement.
Under the new terms, deals involving 'associated entities' will be reviewed by a neutral arbitrator rather than the NCAA.
The $2.78 billion settlement includes a revenue-sharing plan, with schools distributing $21.5 million in the first year to athletes.
The revised language seeks to ensure that third-party NIL deals remain largely available to college athletes while limiting NCAA's enforcement authority.