Big Ten approves large NCAA settlement

The Big Ten brings in a ton of money. They just cleared $880 million of revenue for the 2023 fiscal year. Ohio State certainly helps with bringing in that revenue with all of the money the football program helps to bring in. Despite making a ton of money, they won’t have to have as much responsibility in terms of paying money in the new NCAA settlement.

That settlement has just been approved by the Big Ten conference. It’s a $2.8 billion settlement that will go towards past players for revenue they could have earned due to NIL, as well as other money opportunities. The Big Ten is the first of the big conferences to approve it, as the SEC still hasn’t done that yet.

The Big Ten approves NCAA settlement

So where will most of this money come from? A lot of the money will come from revenue brought in from the NCAA Tournament. That’s part of the reason why this settlement is so messy. Smaller schools will have to pay a disproportionate amount of money compared to the larger schools across the country.

Schools like Ohio State should have to pay more. This is part of the reason why the landscape of college sports has changed so drastically. Big schools wield too much power and it screws the little guy. Bigger schools have run up the NIL game as well. It’s part of the reason why recruits are dropping commitments for large bags of cash so quickly.

I do think this is one of the big steps that starts the disbandment of the NCAA. They have fallen behind at every step of the way when it comes to rule changes over the last ten years. Ohio State football will soon change forever as part of rule changes that will happen soon and this new settlement.