According to NCAA legal experts, college athletes could see $20 billion in new benefits over the next decade through a $2.78 billion settlement in the House v. NCAA lawsuit.
By July 1, 2025, Florida higher-education leaders are preparing for a $22.5 million bump in costs. This major change sets up a revenue-sharing system, adding $25 million to each school's athletic budget.
"The last thing for us at the University of Florida that we want to do, and I think my president also agrees with me, is to take money from the education of our kids,” Mori Hosseini, chairman of the University of Florida Board of Trustees, told Click Orlando. “That's something you should not allow.”
New rules replace scholarship limits with team size caps. Football teams can grow from 85 to 105 scholarships, while baseball teams can jump from 11.7 to 35 full scholarships.
Schools are scrambling to cover the money gap. Tennessee added a 10% ticket fee, bringing in $8 million. FSU might have to cut some sports programs.
"Some states are allowing, like Ohio State University, to run a $36 million deficit in their athletic program,” Alex Martins, chairman of the University of Central Florida Board of Trustees, told Yahoo! Sports. “I'm not advocating for that, but that's what we're up against.”
The University of Florida is exploring new revenue strategies, including raising ticket prices and pushing harder for more sponsorship possibilities.