Overview
- The $2.8 billion settlement approved June 6 now permits Division I schools to begin direct payments to athletes on July 1, 2025.
- Each participating institution can allocate up to $20.5 million in revenue-sharing payments for the 2025–26 academic year.
- The College Sports Commission has been established with Bryan Seeley as CEO to oversee NIL reporting for deals of $600 or more and enforce compliance with the settlement.
- Deloitte’s NIL Go platform and LBI Software will monitor compliance and help evaluate whether third-party NIL deals reflect fair market value.
- Conference leaders have called on Congress to enact uniform federal NIL legislation and warned that smaller programs and Olympic sports could face Title IX challenges under the new revenue-sharing model.