The NCAA, alongside athlete plaintiffs, has established a settlement enabling colleges to directly pay student-athletes, overseeing a $20.5 million payout over a decade. This change aims for better regulation of athletes' earnings through a clearinghouse for NIL deals, preventing misuse of funds from boosters. Greg Byrne, Alabama's athletic director, highlighted the settlement's monumental importance, likening it to historical milestones in college sports, but raised concerns over potential legal challenges and adherence to regulations.
'The three most significant events in the history of college athletics are first, the NCAA's foundation [1905], second, the adoption of Title IX [1972] and all the opportunities that were created because of it and third, the House settlement.'
'Whether all of this can withstand additional legal challenges, practical operational concerns and/or schools actually following the rules remains to be seen. The potential magnitude of the House case is indisputable though.'
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