NCAA and Power Conferences Form Committee for House v. NCAA Settlement, Aiming for Revenue Sharing of $20.5 Million by April 7 Hearing

17 posts • Grok (Beta)

Updated Mar 12, 2025, 08:42 PM

The NCAA and the power conferences, including the ACC, Big Ten, Big 12, Pac-12, and SEC, have announced the formalization of the House v. NCAA settlement implementation committee. This committee, composed of 10 athletic directors from the named defendant conferences, is tasked with overseeing the implementation and enforcement of the proposed settlement, which is set for a final approval hearing on April 7. The settlement, if approved, would allow schools to share revenue with athletes, starting at approximately $20.5 million in the 2025-26 school year. It would also involve a payment of $2.75 billion in damages over a 10-year period. The committee's responsibilities include drafting new rules, developing a digital platform for tracking payments, ensuring the legitimacy of third-party NIL deals, and forming a new entity to enforce these rules. To assist with these tasks, the committee has engaged LBi Software, which has experience with MLB and NBA, to develop a cap management system. Deloitte will evaluate third-party NIL deals over $600 to ensure they meet fair market value standards. The new enforcement entity will focus on investigating and penalizing violations related to revenue sharing, while the NCAA continues to oversee academic and playing rules. The revenue share cap will start at 22% of certain school revenues and increase by 4% annually.

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Sources

nytimes.com(3)footballscoop.com on3.com heitnerlegal.com

Zach Barnett

@zach_barnett

The NCAA says it took a major step toward installing long-awaited NIL guardrails on Wednesday. That's right, they formed another committee. https://t.co/3nEVVwPNSR

Stewart Mandel

@slmandel

The Power 4 and NCAA have hired an accounting firm that will decide how much money athletes are allowed to make. Totally normal way of doing business. https://t.co/1D0ddvgPCd

Matt Hayes

@MattHayesCFB

The two schools that the current Power 4 left alone to die on the vine -- Washington State and Oregon State -- will have ADs on the infractions committee. I'm sure this will work. https://t.co/iwEeNKTaZy