College sports changed radically Friday night.

Schools will begin directly paying their athletes in less than a month, thanks to a legal settlement that was officially approved in federal court Friday. Judge Claudia Wilken said the deal would create “ground-breaking changes in NCAA rules that govern student-athlete compensation.”

The battle to let players share in the spoils of an industry that has long outgrown any amateur roots it ever had started more than 20 years ago. While Friday’s decision was a long-awaited milestone, both players and administrators said they view it as a fresh starting point for the future of college sports, not a finish line.

Sports fans can be forgiven for tuning out of the tedious legal process that led up to this point. Let’s get up to speed on what this means for the immediate future in college sports and what major questions remain unanswered:

New limits

Starting July 1, each school will be allowed (but not required) to spend roughly $20.5 million in new payments to their athletes.

That figure comes from a negotiated formula that caps athlete payments at 22% of the average annual revenue that FBS-level schools get from ticket sales, broadcast rights and a few other items. The cap will grow on a regular basis during the 10-year lifespan of the settlement as the schools’ revenue expands and via scheduled incremental increases. Sports economist Daniel Rascher, a subject matter expert used in the settlement process, wrote that he expects it will grow to more than $30 million per year by the time the deal expires.

Each school’s athletic department can decide how it will divide that money among athletes. Not many major programs have shared their budget plans, but those that have say they will spend the overwhelming majority (up to 90%) of their money on football and men’s basketball players.

Athletes are also still allowed to make money from selling the rights to their name, image and likeness (NIL) to other parties. The settlement creates a new set of rules and a brand-new organization called the College Sports Commission that will try to stop boosters from using NIL deals as additional salary payments, a practice that became commonplace in the past several years.

However, many teams are already working in concert with booster collectives to find creative ways to pad their payrolls with third-party NIL deals that fit within the new rules. Industry experts say football and basketball teams will likely have to find ways to provide several million dollars beyond the salary cap limits if they want to field a team that can compete for championships.

New legal challenges

Friday’s settlement ends a trio of federal antitrust lawsuits that had the potential to financially weaken the NCAA. But the deal does not end the long list of legal problems for the college sport industry’s business model.

The contracts that athletes are now signing with their schools will likely bolster ongoing legal arguments that at least some college players should be considered employees of their schools. The NCAA is fighting more than a dozen lawsuits that challenge rules about how long athletes are allowed to remain in college sports.

Many sports lawyers expect that key parts of the settlement will spur a new barrage of lawsuits — both the negotiated salary cap and the College Sports Commission’s attempts to stifle deals between athletes and third parties could be the target of future antitrust challenges. Schools will also likely have to defend their decision to provide most of the new payments to men’s sports teams against claims that their budgets violate Title IX — a federal law that prohibits gender-based inequity.

The NCAA’s next steps

NCAA president Charlie Baker and many of his colleagues say the only way to solve these remaining legal problems is for Congress to write a new law that blocks athletes from becoming employees and gives the association an antitrust exemption to make rules that would limit players’ earning power.

“In the weeks ahead, we will work to show Congress why the settlement is both a massive win for student-athletes and a road map to legislative reform,” Baker wrote in an open letter Friday night.

The NCAA and its schools have been lobbying federal lawmakers for help during the past several years, but they have made little progress toward a new law. They hope that the expensive compromises they made in the settlement will spur some action in the coming year.

The players’ next steps

A growing group of athletes and their advocates say the best way to solve the industry’s remaining legal problems is through collective bargaining.

Professional sports are able to set legal salary caps and restrict player transfers by negotiating for those powers with a player’s union. Because college athletes are not employees, they can’t form unions. Without unions, it’s not clear that any of the limits negotiated in the new settlement can stand up to future antitrust lawsuits.

Sedona Prince, a lead plaintiff in one of the lawsuits that led to the settlement, told ESPN on Friday night that she and her peers hope the settlement is a launching pad to increase players’ power in shaping new rules.

“We just walked into a new world,” said Prince, who wrapped up her college basketball career earlier this year. “It’s a guideline for us to build and add to in the future. We needed this foundation. Now we’re being treated like semipro athletes, but there are a lot of concerns going forward for improvement in player health and player representation in decision making.”

Prince is a member of Athletes.org, one of several groups that is aiming to form players’ associations that could evolve into unions in the future.

Those groups and college administrators are already gearing up for the next tedious stages of a battle that will continue to play out in courtrooms and the halls of Congress for years to come.

As the 2025–26 college football season nears, the Name, Image, and Likeness (NIL) era continues to reshape the landscape of college athletics. What once revolved solely around stats and trophies has evolved into a high-stakes marketing game, where branding, influence, and media presence are often just as valuable as on-field performance. Names like Shedeur Sanders, Bronny James, and Livvy Dunne have shown just how powerful a personal brand can be in today’s college sports ecosystem.

Now, with a new academic year on the horizon, a fresh wave of football stars is rising to the top of the NIL charts. From household names with massive social media followings to elite prospects poised for breakout seasons, these athletes are commanding serious value — both on and off the field. Here’s a look at the top 20 college football players with the highest NIL valuations entering the 2025–26 season.

1. Texas QB Arch Manning ($6.8 million)
2. Miami (Fla.) QB Carson Beck ($4.3 million)
3. Ohio State WR Jeremiah Smith ($4.2 million)
4. LSU QB Garrett Nussmeier ($3.7 million)
5. South Carolina QB LaNorris Sellers ($3.7 million)
6. Florida QB DJ Lagway ($3.7 million)
7. Clemson QB Cade Klubnik ($3.4 million)
8. Penn State QB Drew Allar ($3.1 million)
9. Arizona State QB Sam Leavitt ($3.1 million)
10. Michigan QB Bryce Underwood ($3 million)
11. Duke QB Darian Mensah ($2.8 million)
12. Oklahoma QB John Mateer ($2.7 million)
13. Alabama WR Ryan Williams ($2.7 million)
14. TCU QB Josh Hoover ($2.4 million)
15. Ohio State S Caleb Downs ($2.4 million)
16. North Carolina State QB CJ Bailey ($2.3 million)
17. Nebraska QB Dylan Raiola ($2.3 million)
18. Arkansas QB Taylen Green ($2.1 million)
19. UCLA QB Nico Iamaleava ($2 million)
20. Auburn QB Jackson Arnold ($2 million)

NFL Draft Diamonds was created to assist the underdogs playing the sport. We call them diamonds in the rough. My name is Damond Talbot, I have worked extremely hard to help hundreds of small school players over the past several years, and will continue my mission. We have several contributors on this site, and if they contribute their name and contact will be in the piece above. You can email me at nfldraftdiamonds@gmail.com

Under the current NIL-driven system, the Miami Hurricanes have done pretty well for themselves. Despite being in the ACC, the football program has remained reasonably competitive at least when they actually play defense and Miami basketball has a pair of deep runs in the NCAA tournament in recent years. Now, the recent NCAA compensation settlement has fundamentally changed the college sports landscape forever (again).

The details and short-term impacts of the settlement already seem pretty well known. All NIL deals over $600 after July 1 are now subject to oversight to ensure that they are for a “valid business purpose” and not just pay-to-play and each school can distribute up to $20.5 million to student-athletes as compensation.

However, what has yet to be understood is how this new system will really impact existing NIL deals and if the new oversight will actually limit spending from alumni/boosters the way everyone seems to want.

Hurricanes’ strategy of targeting top recruits with big dollars hangs in the balance after NCAA settlement

Under the terms of the settlement, any NIL deals paid out after July 1, 2025 will be subject to oversight to determine if they are legitimate payments or not. That seems fairly simple, but the impact on existing, but yet-to-be-paid deals for guys like top Canes recruit Jackson Cantwell who command large NIL paydays under the current system is trickier. The payments to Cantwell will obviously be regulated as he is a 2026 recruit, but does the $20.5 million cap on payments from the school change the calculus on Miami’s end and threaten to get Cantwell’s NIL deal voided because it isn’t “legitimate” depending on where the money is coming from?

This raises another fundamental issue for Miami and schools like them: the NIL oversight provisions themselves. Who exactly is going to be determining whether a deal is legitimate and will those judges change from case to case? Are power conferences going to get preferential treatment because their brands are already bigger and therefore more “legitimately valuable” when it comes to assessing marketing deals? How strict are these NIL overlords actually going to be?

We don’t have the answers to many of these questions yet and it could be a while before we do. The transfer portal is the Wild West right now as guys try to move around and get deals paid before the July 1 deadline. Once the dust settles and we start to see how this system actually operates, the Hurricanes may find that this “creating a level playing field” could end up costing them overall.

More Hurricanes News from Canes Warning

Image credit:
(Photo by Zac BonDurant/Getty Images)

Day One of Super Regionals is in the books and Friday reminded us of what makes June so captivating.

Some national seeds flexed. A mid-majors proved, again, that it belong on this stage. A heavyweight showdown in Corvallis gave us a wild comeback and one of the postseason’s best moments so far. And while the baseball world buzzed, the entire landscape of college athletics shifted in a way that’s going to impact the sport for years to come.

We’ll dive into all of it here—the upsets, statement wins, stars of the day and what Friday’s off-the-field news means for the future of college baseball.

North Carolina Opens with Statement Win

Every postseason bracket delivers a dose of cruelty—whether through brutal travel, unfavorable matchups or bad timing against a red-hot opponent. Few teams drew a tougher hand this year than Arizona, which opened super regionals thousands of miles from home in front of a frenzied North Carolina crowd and against a Tar Heel team that could go all the way.

The matchup looked daunting on paper and proved even more so on the field. 

The Tar Heels unloaded on the Wildcats for an emphatic 18-2 win in Friday’s opener, making clear they have no intention of missing their shot at Omaha.

This is as complete a team as remains in the field. Every North Carolina starter reached base in the rout, with eight collecting hits and four launching home runs. On the mound, righthander Jake Knapp continued his dominant postseason run, matching a school record with his 14th win, a mark that had stood since 1978. 

With a rested and effective bullpen and an offense now fully firing after entering the tournament with some lingering questions, North Carolina suddenly looks like a national title threat.

With two chances to close the series, the Tar Heels will aim for an encore on Saturday and a return trip to college baseball’s biggest stage.

Coastal Continues Winning Streak to Open Supers

Friday’s opening slate didn’t deliver much in the way of true upsets. North Carolina’s blowout win went to script, and while Florida State fell to a talented Oregon State club, that result was well within expectation. If any outcome bordered on surprise, it was Coastal Carolina knocking off Auburn—though in truth, this was no upset at all.

In Baseball America’s view, the Chanticleers are simply performing to their standard. 

Coastal has looked like an Omaha-caliber team for weeks, and Friday’s 7-6, extra-innings victory only underscored that. Coastal jumped out to an early lead but had to weather Auburn’s surge, as the Tigers erased a five-run deficit to force extras. There, Blake Barthol’s pair of spectacular defensive plays at second base and a catcher Caleb Bodine’s second solo home run of the game sealed it.

The Chants entered the postseason with the nation’s premier pitching staff, a unit capable of shutting down any lineup in the country. What was less certain was whether their offense would consistently match that level and that question looks answered now. 

As we noted back in April, if Coastal could pair its elite arms with steady run production, it had the ingredients to contend for a title. One win from Omaha, it’s all coming together.

Don’t Doubt the Beavers

Oregon State hasn’t clinched a College World Series berth just yet—two losses in the next two days would still end its run—but after Friday night’s comeback, I’m ready to eat some crow.

Before the postseason, I questioned whether Oregon State had the résumé to warrant a top-eight national seed. I had Coastal Carolina pegged for that No. 8 spot and picked the Beavers comfortably as a host, but not much more. Then they powered through their regional, and despite that, I still picked Florida State to win the Corvallis Super.

Clearly, doubting this Oregon State team is a mistake.

For most of Game 1, it looked like Florida State would prove me right. 

Joey Volini spun 6.2 strong innings, allowing one run with eight strikeouts, and Joe Charles dominated in relief—until he didn’t. Needing one final out in the ninth, Charles gave up three runs, capped by a clutch, two-strike, two-out game-tying single from Jacob Krieg. Oregon State walked it off in the 10th.

There’s no other way to say it: this Beavers team is gritty, talented and hard to kill. Friday night proved as much. They’ve earned full respect—and could be Omaha-bound very soon.

Louisville Secures Pivotal Game 1 Win, Miami Saves Ace

Louisville left little doubt in Friday’s Super Regional opener, dispatching Miami 8-1 in a game that turned lopsided after a brief early battle. The Hurricanes trimmed the lead to 2-1 in the top of the third, but from there, the Cardinals took full control, clicking in all phases and never letting up.

Jake Munroe was the offensive star, launching two home runs and driving in five runs to pace the lineup. On the mound, Patrick Forbes was reasonably sharp, striking out nine over 5.2 innings to set the tone. 

It was as balanced and businesslike a performance as Louisville could have asked for, putting it one win from Omaha.

Now, all eyes turn to how Miami responds. Despite the lopsided result, this isn’t a mismatch on paper and the Hurricanes made a strategic choice that could loom large. By holding ace Griffin Hugus for Saturday’s elimination game, Miami preserved its best arm for when it matters most. The gamble didn’t flip Game 1, but it gives the Hurricanes a fighting chance to extend the series.

It’s also a fascinating case study in modern postseason pitching strategy, which we explored in more depth here.

Player of the Day

There were several worthy candidates for Friday’s top individual honor. Blake Barthol nearly earned it after a pair of jaw-dropping defensive plays, including a game-ending double play that sealed Coastal Carolina’s extra-innings win. Jake Knapp was in the conversation too—his ability to pitch deep into games is gold this late in the postseason, and he delivered again in North Carolina’s blowout victory.

But in the end, Jacob Krieg takes the crown. No player provided a bigger, more dramatic moment than the one Krieg produced in Corvallis.

Here’s the scene: Oregon State trailed Florida State 4-1 entering the bottom of the ninth. A bases-loaded wild pitch trimmed the gap to two. Then, with runners on second and third and two outs, Krieg—the Beavers’ nine-hole hitter—worked the count to 2-2 then lined the ball to left, driving in both runs to tie the game and ignite the home crowd. The Beavers would walk it off an inning later.

Krieg finished 2-for-4 with a double and two RBI, but it’s that ninth-inning swing that earns him this honor. On a night with limited drama, no moment loomed larger.

Big News For College Sports

Let’s zoom out for a minute to close, because the scope of this last topic is massive: college athletics changed forever last night.

While we were all locked into baseball, Judge Claudia Wilken of the United States District Court for the Northern District of California officially approved the landmark $2.8 billion House vs. NCAA settlement.

So what does that actually mean?

In short, schools can now start paying athletes directly through a new revenue-sharing model. Most power-conference schools will divide up about $20.8 million a year, with the majority earmarked for football. But how that money gets allocated is up to each school.

On top of that, NIL deals are still allowed—and likely still necessary for schools that want to go above and beyond. But there’s a new wrinkle: any NIL deal worth more than $600 now has to be reviewed and approved by the new College Sports Commission, led by former MLB exec Bryan Seeley. And here’s a key date—any new NIL deals signed after midnight on June 7 will fall under that review process, which is rumored to be more unkind to booster-driven contracts compared to sponsorship-type deals with companies.

For baseball specifically, the impact is huge. 

The sport’s outdated 11.7 scholarship limit will phase out, with teams soon able to fund up to 34 full scholarships. Most power programs are expected to start in the 22-plus range and build from there.

It’ll take time for all of this to fully kick in. But make no mistake—college sports will never be the same.