The NCAA and its five power conferences have agreed to allow schools to directly pay players for the first time in the 100-plus-year history of college sports.

The NCAA and its leagues are planning to alert plaintiffs' attorneys Thursday that they are prepared to move forward with a multibillion-dollar agreement to settle three pending federal antitrust cases, sources told ESPN. The NCAA will pay more than $2.7 billion in damages over 10 years to past and current athletes, according to sources. Sources said the parties also have agreed to a revenue-sharing plan allowing each school to share up to roughly $20 million per year with its athletes.

All Division I athletes dating back to 2016 are eligible to receive a share as part of the settlement class. In exchange, athletes cannot sue the NCAA for other potential antitrust violations and drop their complaints in three open cases -- House v. NCAA, Hubbard v. NCAA and Carter v. NCAA.
 

more here:

https://www.espn.com/college-sports/story/_/id/40206364/ncaa-power-conferences-agree-allow-schools-pay-players

The figure will fluctuate from school to school, reflecting an estimated share of 22% of annual revenue generated by Power Four schools 

Can’t wait to hear otf talk about this tomorrow morning 

Edited May 24, 20242 yr by Daniel Lovell

Will still need to be ultra competitive in the NIL landscape along with the schools pay for play. Hopefully the movers and shakers of NIL for Texas understand this. 

The NCAA thinks it has 5 power conferences?   Ok.  I mean, I guess so if we’re going back to 2016. 

The NCAA's decision to allow schools in power conferences to pay players marks a significant shift in college athletics. This move acknowledges the immense revenue athletes generate and aims to provide fair compensation. While it addresses long-standing criticisms about exploitation, it also raises concerns about maintaining competitive balance and the impact on smaller programs. This landmark change will undoubtedly reshape the landscape of college sports.