Amateurism in college athletics was pronounced dead at 9:18 p.m. Friday.
That’s when federal Judge Claudia Wilken gave her final approval to a settlement of the House vs. NCAA case, which will allow schools to pay athletes beginning next month.
For those schools that opt in, they can pay athletes up to $20.5 million from July 1, 2025, to June 30, 2026, or 22% of revenues from ticket sales, TV revenue and sponsorships.
Of course, the settlement means the wealthier schools (i.e., those from the four major conferences) will benefit the most because they can afford to dole out that kind of money.
Most of the money will go to football and men’s basketball, the two sports that generate the most revenue. It’s estimated that $13 million-$16 million will go to football, $2 million-$4 million to