The proposed settlement in the House v. NCAA case includes a revenue sharing system where schools can share a portion of their athletic department revenues with student-athletes, with an initial cap of roughly $20.5 million per school. This cap will increase annually during the ten-year settlement agreement. The settlement also includes roster limits and the possibility of direct payments to athletes. Here's a more detailed breakdown: Revenue Sharing: Schools can allocate a portion of their revenue to create a "Pool" to compensate student-athletes. NIL Payments: The settlement will allow schools to directly pay athletes for their Name, Image, and Likeness (NIL). Salary Cap: There will be a cap on how much schools can spend on these payments, with an initial estimate of around $20.5 million for the 2025-26 academic year. This cap is expected to increase annually. Roster Limits: The settlement also introduces sport-specific roster limits for the first time. Backpay: Former student-athletes who were active between 2016 and September 15, 2024, are eligible for backpay related to NIL opportunities. Settlement Timeline: The settlement was preliminarily approved by Judge Claudia Wilken, and a final hearing is scheduled for April 7, 2025. The deadline for athletes to file objections or opt out was January 31, 2025