The Impact of NCAA’s House Settlement Tenets on Nevada and MW

The Nevada athletic department has opted into the NCAA’s House settlement, agreeing to back pay, future revenue sharing, and roster and scholarship changes. This will cost schools around $550,000 per year for the next 10 years, totaling $5.5 million for Nevada. The school will receive additional revenue streams to cover this expense, but will have to increase revenue in the future. The House settlement allows schools to share revenue with athletes, with Nevada planning to share around $4.4 million in 2025-26. Roster sizes and scholarship allowances will also change, with roster sizes decreasing but schools able to offer full scholarships to every player. This could lead to increased expenses for Nevada, but could also benefit the school by allowing better athletes to fall to MW schools like Nevada. However, this will also increase costs for the school, with an additional $5 million in expenses needed to stay financially competitive in the MW. Overall, this development poses a major financial challenge for Nevada and other schools struggling to make ends meet, but Nevada athletic director Stephanie Rempe believes it is an opportunity to remain relevant in tomorrow’s college athletics landscape. The school’s mission is to compete at the highest level while maintaining academic mandates for student-athletes.

Source
Note: The image is for illustrative purposes only and is not the original image of the presented article.