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Quote:Big 12 first to agree to settle House v. NCAA case, sources say
The key parts of the settlement include the NCAA paying for more than $2.7 billion in back damages over a decade, about $1.6 billion of which will be withheld from schools.
There's also roughly $20 million in permissive revenue sharing that's expected to begin in fall 2025. This revenue sharing will give athletic departments the direct ability to pay the players, a massive paradigm shift for college athletics.
https://abcnews.go.com/Sports/big-12-agr...0athletics.
Along with the Big 12, the ACC and NCAA Board of Governors both voted to approve the settlement. The Big 10, Pac12 and SEC are expected to also vote to approve the deal by the end of the week.
