This is a draft settlement document of the House v. NCAA lawsuits that are in the process of being settled. Power 5 conference teams will each have to opt in or out I believe. A few quick points:
Good for players, but this is all extra cost for universities. For example, there are roster size limits but no longer scholarship limits. There will be pressure to expand scholarships to players.
Sets maximum annual cap for profit sharing as already reported at $20.5 Million/year in 2025-26. Appears to allow for annual payment of settlement related monies, as opposed to (I guess) monthly payments.
The NIL rules will be sticky and tricky. Proposal No. 2025-12
If a university opts into the settlement, then the university can be the sole NIL representative for the player; they do not have to be the sole representative, however.
NIL reporting requirement (to whom is the report? public and private universities treated the same? are these reports public?)
NIL Clearinghouse will evaluate all agreements with entities and individuals (great name for a band btw) to determine whether a valid business purpose exists for the NIL; and, that the amount is reasonable.
Proposal No. 2025-16 “Provides an opportunity for review of proposed agreements or offers before execution and establishes options a student-athlete may take in a name, image and likeness agreement with an associated entity or individual is determined to have impermissible terms.”
What?
Proposal No. 2025-14 creates an enforcement entity.
God helps us
I will stop there for the moment.
Source of table: Steve Berkowitz on X: "NCAA Division I Board of Directors has taken action to approve rules changes that -- if the proposed House-NCAA settlement is approved -- will align the D-1 rule book with terms of the settlement. https://t.co/5jHvVu1UVA" / X