The multi-billion dollar settlement will create revenue sharing and NIL enforcement, but it won’t stop legal challenges to the NCAA system.

NCAA member schools can compensate players across all sports beginning July 1, according to approval issued by U.S. District Judge Claudia Wilken.

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.