NCAA, College Sports Commission and NIL
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COLUMBUS, Ohio — Ohio State’s athletic department is teaming up with Learfield to form the Buckeye Sports Group. The partnership will bring OSU’s NIL collectives in-house, a strategic move as the House settlement’s approval is set to bring massive changes to collegiate athletics on July 1.
As schools prepare for the changes, here’s what the settlement means for Alabama. The most obvious change stemming from the settlement, is that Alabama and other schools can pay players now. For the length of the 10-year settlement, colleges can share revenue with athletes, with the “cap” rising every year.
Fifty-nine months after the initial class-action House v. NCAA suit was filed, it was resolved three days ago. Judge Claudia Wilken approved the House settlement on Friday in the U.S. Northern District of California on Friday,
Rick George says Colorado will use full $20.5 million NIL cap after settlement allowing schools to pay athletes directly under a revenue-share model.
The $14 million NIL plan in Chapel Hill may face sharp limits under the NCAA’s new revenue-sharing cap, and UNC must now make every dollar count.
Circle, the official NIL collective of the Louisville Cardinals, will transform into a marketing agency in anticipation of the revenue-sharing era.
Amidst an ever-changing era of collegiate athletics, Texas Governor Greg Abbott signed a new law into action on Thursday.
What is the House vs NCAA settlement? How will settlement money be distributed? How are Louisville, Kentucky preparing for revenue sharing?