The landscape of college sports has been altered forever. For the first time in the history of collegiate athletics, student-athletes will soon become eligible to be directly paid by their schools.

All Big 5 schools except Penn likely will opt in to the new revenue-sharing system, which will dramatically affect scholarships, roster sizes, NIL, and nonrevenue sports.

The House v. NCAA settlement was officially ratified on Friday, clearing the way for universities to directly pay athletes starting in 2025. The settlement is expected to formally take effect on July 1, 2025, after it was approved by Judge Claudia Wilken of the United States District Court for the Northern District of California.