Proposed settlement of the House lawsuit. This part of it would be an ongoing agreement for each P4 university to pay athletes from athletic department funds every year going forward.
That's a minor inconvenience for Ohio State and Texas, and a major inconvenience for ACC and Big 12 teams.
https://sports.yahoo.com/what-would-house-v-ncaa-settlement-mean-a-revenue-sharing-model-to-end-college-amateurism-124301018.htmlQuote:
... an agreement from, specifically, power conference schools to directly share revenue with their athletes and even buy their exclusive NIL rights.
As reported by Yahoo Sports earlier this month, administrators briefed on a proposed new revenue-sharing model are expecting to share as much as $15-20 million per school, with a spending limit similar to a professional sports team's salary cap.
The per-school figure was determined from an average of power league athletic department revenues (ticket sales, sponsorships, etc.) and is expected to be the same for all schools despite wide variance in resources. Ohio State's athletic department, for instance, led all programs with $250 million in revenue last year $100 million more than the program that ranked 20th in the nation (Arkansas at about $150 million).
A $20 million price tag for Ohio State is 8% of its budget. A $20 million price tag for Arkansas is 13% of its budget.
That's a minor inconvenience for Ohio State and Texas, and a major inconvenience for ACC and Big 12 teams.