By Dan Zealley
The ACC, Big Ten, Big 12, Pac-12, SEC, and NCAA are the named defendants of the lawsuit, they are charged with regulating and enforcing the settlement reports, Pete Nakos of On3 Sports
The power conferences and NCAA have formed a House v. NCAA settlement implementation committee, run by 10 ADs.
The group will establish a new entity to penalize and investigate schools around rev share. https://t.co/NyxFjXx1wj pic.twitter.com/3amdt3I4EQ
— On3 NIL (@On3NIL) March 12, 2025
The House v. NCAA settlement will have a final hearing in April in the US District court. If the settlement is approved, $2.75 billion in damages will be paid to thousands of college athletes. Schools will be allowed to rev-share $20.5 million with athletes, which increases 4% each year for the 10-year settlement period.
The new committee will be in charge of investigating and handing out penalties for rev-share violations by schools. They have hired LBi Software to develop a digital platform for the reporting.
The enforcement entity will “evaluate whether these deals are within a reasonable range of compensation and made with the purpose of using a student-athlete’s NIL to advance a valid business purpose, as outlined in the proposed settlement,” according to the conferences.
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The future of the NCAA and college sports is a little murky at this point, with all the money coming in. Right now, there is no one monitoring the NIL space. It’s great to see that there may be some rules and regulations coming in the near future.
