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House Settlement Approved
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[QUOTE="Consigliere, post: 5443120, member: 559"] Didn’t take much digging. If a school opts out of the settlement they cannot pay athletes directly and remain bound by existing NCAA rules. Certain provisions of House, including the clearinghouse (NIL Go) and roster limits will be codified by the NCAA as of July 1. So I was incorrect. All deals over $600 with athletes from all NCAA schools will be reviewed. There may be a loophole if an individual athlete opts out and participates in a lawsuit challenging that they have an existing contract that may not meet Deloitte’s interpretation of FMV. In that scenario the athlete can continue to receive payments without clearinghouse review, but that’s the only exception I have found so far. Sorry for the confusion. [/QUOTE]
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