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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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On3 broke the news in on Saturday, June 7, 2025.
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