College sports changed forever on Thursday.
Let’s dive in and try to figure out how the House v. NCAA settlement, which was announced on Thursday, will impact Merrimack specifically.
Revenue sharing is going to become a thing in college sports. Schools will be able to share up to $22 million per year with their athletes in direct payments.
However, no one really knows how it will be divided yet.
The NCAA and the Power 5 conferences are moving forward with a $2.7 billion settlement that will allow the richest schools in college sports to pay their players.
Judge Claudia Wilken, who is presiding over the case, still has to approve the settlement. That process will take months, and that’s if she essentially rubber stamps it. It could take even longer if she doesn’t agree with the settlement.
There is also another antitrust case — Fontenot v. NCAA — that is not included in this settlement.
Get ready for months of speculation and ambiguity.
All that’s for sure is that the NCAA changed the landscape of college sports yesterday. They had to, and the courts were forcing their hand.
There is no turning back.
Let’s try to figure out how this impacts Merrimack.
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