Who's Playing Where? A Cheat Sheet on College Sports Realignment
- U.S. District Judge Claudia Wilken approved a landmark settlement on June 6, 2025, that allows schools to share up to $20.5 million annually with college athletes in the United States.
- The approval followed litigation over NCAA amateurism rules and was preceded by detailed revenue reporting, internal NCAA guidance on NIL deals, and oversight by special masters including Magistrate Judge Nathanael Cousins.
- Key settlement measures set to commence on July 1, 2025, involve removing limits on scholarships by individual sports, implementing a revised NIL structure, and creating a benefits cap of $20.5 million per school, calculated as 22% of the defined revenues reported for the 2023-24 fiscal year.
- Athletes must disclose all NIL agreements over $600, with associated entities' deals undergoing fair market value review, while schools like Iowa State commit to fully distributing the $20.5 million cap among athletes, though allocation percentages remain somewhat fluid.
- This settlement marks a fundamental shift in college sports, dismantling long-standing amateurism models, enabling direct athlete compensation, and prompting ongoing legal challenges and auditing to ensure compliance and equity.
43 Articles
43 Articles

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Who's playing where? A cheat sheet on college sports realignment
The upcoming year for college sports has at least a modest sense of stability: The $2.8 billion House settlement has been approved, clearing the way for schools to share millions in revenue with their athletes, and major conferences are in…
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