The NCAA has announced “a new era” in college sports, touting “unprecedented” benefits for student-athletes following the U.S. District Court for the Northern District of California’s long-awaited approval of the $2.8 billion settlement in the House antitrust lawsuit against the NCAA and the “Power 5” conferences – the ACC, Big Ten, Big 12, Pac-12, and SEC that ends a bar on direct compensation to student-athletes.

Beginning July 1, 2025, institutions competing at the Division I level may provide direct compensation and benefits to student-athletes, subject to an initial cap of approximately $20.5 million and increasing annually based on revenue sharing across the Power 5 conferences. In addition: • Scholarship limits will be replaced with sport-specific roster limits. Student-athletes

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