Details of the Settlement
Revenue Sharing
- Cap: Each year, schools can share with student-athletes up to 22% of the average revenue among schools in the ACC, Big Ten, Big 12, Pac-12 and SEC from media rights, ticket sales and sponsorships – known as the revenue sharing cap.
- Annual Increase: With a few potential exceptions, the cap will increase by 4% each year for the first three years, with a full recalculation planned in Year 4; the amount of revenue share will be calculated and published in the spring of each year.
- 2025-26 Estimated Cap: Each school can distribute up to approximately $20.5 million to student-athletes for the 2025-26 academic year, pending final amount confirmation.
- For more information on revenue sharing, click here.
NIL Rights & Opportunities
- Revenue Share: Schools can enter into revenue share agreements directly with student-athletes; these agreements are subject to the annual cap.
- Third-Party NIL: NCAA Division I student-athletes, whether their institutions have opted in to revenue sharing or not, must report any third-party NIL deals with a total value of $600 or more (including contracts or payments with the potential to meet or exceed $600 via payment structures including but not limited to royalties, contingencies and bonuses) in aggregate.
- NIL Go: The College Sports Commission will utilize NIL Go, an online portal built with assistance from Deloitte, to determine whether third-party NIL deals are made with the purpose of using a student-athlete’s NIL to advance a valid business purpose and do not exceed a reasonable range of compensation.
- For more information about student-athlete NIL deals, click here.
Additional Benefits
- Maintains Existing Student-Athlete Benefits: Support for student-athletes, including athletic scholarships, access to world-class training facilities, academic counseling, medical care, post-eligibility medical coverage, mental health resources, nutrition guidance and life skills development.
- Removal of Scholarship Limits: Removal of previous NCAA scholarship limits allows schools to offer more full and partial athletic scholarships to more student-athletes across sports.
Damages
- Eligible current and former student-athletes will be paid approximately $2.78 billion in past damages over the next 10 years.
- The House class counsel, through the settlement administrator, will distribute those damages to current and former athletes over the next 10 years.
- Student-athletes seeking more information on past damages should visit https://www.collegeathletecompensation.com/.

Timeline
June 6, 2025
Settlement approved; settlement-related NCAA rules go into effect, as adopted by the NCAA Division 1 Board on April 21, 2025
June 11, 2025
NIL Go portal launches
June 15, 2025
Opt-in deadline for non-defendant schools to fully commit to revenue sharing
July 1, 2025
First date for direct institutional revenue sharing payments to student-athletes
July 6, 2025
Opt-in schools must “designate” student-athletes permitted by the settlement to remain above roster limits
Start of 2025-26 academic year
With the exception of “designated” student-athletes, Fall sports must be at or below roster limits by their first day of competition
December 1, 2025
With the exception of “designated” student-athletes, Winter and Spring sports must be at or below roster limits by their first day of competition or December 1, whichever is earlier