On Oct. 7, Judge Claudia Wilken granted preliminary approval to the House v. NCAA case settlement, which looks to settle three different antitrust cases against the NCAA, according to the Athletic.
The three biggest components of the House Settlement are: back paying roughly $2.8 billion to NCAA student-athletes from 2016 to Sept. 15, 2024, who weren’t able to profit off their Name, Image and Likeness (NIL), allowing a revenue-sharing system where schools can directly compensate student-athletes and replacing scholarship limits with roster limits, according to Yahoo Sports.
“This is probably the biggest change that’s happened in college athletics, perhaps ever — certainly in recent history,” Pepperdine’s Athletics Director Tanner Gardner said.