Everything you need to know about the House settlement and what changes impact college hockey (#568)

Senior U.S. District Judge Claudia Wilken approved the historic House v. NCAA settlement Friday night, ushering in a new era of college athletics.

For the first time, schools will be allowed to directly pay student-athletes revenue sharing and deals that will include a player’s name, image, and likeness (NIL).

I’ve attempted to outline everything about the House settlement below. If you have further questions about the House settlement, send me an email, and we’ll do a mailbag later this week.

Not only does the settlement allow for direct payments to players, but former athletes (from 2016-24) will be able to collect a share of $2.8 billion (yes, with a “B”) in backpay from lost NIL compensation.

Schools can begin paying players on July 1, and the new College Sports Commission, an LLC operated mostly by the Power 4 schools, will oversee much of the efforts.