AD Pat Kraft: Penn State "Ready to Attack" Following House vs. NCAA Settlement
- The House vs. NCAA settlement received final approval, allowing athletic departments to pay athletes up to $20.5 million annually starting July 1, 2025, marking a significant change in college sports.
- Pat Kraft, Penn State Athletic Director, stated that the school plans to fund revenue-sharing payments up to the $20.5 million cap, although details on distribution are unclear.
- The settlement removes NCAA scholarship limits and introduces roster limits for teams while establishing a new revenue-sharing framework for student-athletes.
- The College Sports Commission, led by CEO Bryan Seeley, will enforce new rules on roster limits, revenue sharing, and third-party NIL deals for student-athletes.
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Penn State officials comment on NCAA settlement approval
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AD Pat Kraft: Penn State "ready to attack" following House vs. NCAA Settlement
The athletic director said Penn State will share revenue with its athletes at the expected maximum figure of $20.5 million for 2025-26 while also allocating more scholarships across the athletic department.
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