Correct me if I'm wrong but I believe next year the schools can directly pay the players up to $20 million or so. If Syracuse commits to the $20 million we will be fine. That it does not even include NIL. The amount of money in college sports ridiculous
The $20.5 million revenue sharing number is the maximum schools can distribute. That total is to be spread out through football and all other sports.
If the House settlement goes through, schools will decide on their own how to divide the money up. A lot of schools will choose to distribute primarily to football, men's basketball & women's basketball.
The House settlement's current numbers will likely distribute 75% of the total $2.8 billion 'back pay' to former football players -- and the assumption is, many schools will model their future distribution models according to the numbers the settlement dictates.
Therefore, if Syracuse does decide to distribute the maximum (my guess is the P4 conferences will mandate such), roughly $15.375 million could go to football -- if SU decides to follow the 75% model. They could do more or less. But know that the SEC schools and many others will be doing at least 75%, possibly more.
Of the remaining $5.125 million, I could see men's basketball getting $3.125 million, women's basketball getting $1 million, men's lacrosse getting $750,000 and women's lacrosse getting the remaining $250,000.
Again, this is just conjecture and the House settlement could change a bit based on a number of lawsuits out there. For those that aren't following, there are a lot of female student-athletes or their representatives pushing against the roster limit piece of the House settlement. There are others arguing that Title IX laws must be followed with distribution of the maximum revenue sharing (which would mean more than half of the $20.5 million would go to women's sports).
With the recent change in leadership in Washington, D.C., I would be surprised if the House settlement is altered in a drastic way. But it's worth following.
All this being said, SU -- if it decides to opt in, which it will likely be forced to do to retain membership in the ACC -- will have much more money to play with as it relates to revenue distribution/NIL. Many schools are also folding up their collectives and, now that the payments can come from the school, taking all donations that used to go to those collectives and putting it all in one pot for distribution.
A lot of chaos. A lot of confusion. Hoping the people up on the Hill have a plan.