Grand Canyon announced Monday that it will opt in to the proposed House v. NCAA settlement that, if approved on April 7, would allow GCU to directly provide NIL payments to student-athletes.
“Opting in to the settlement will strengthen the continued ascent of GCU’s athletic teams and continue shining a national spotlight on the university,” GCU said in a statement.
“GCU’s successful financial model as a nonprofit institution has allowed it to operate the university efficiently without relying on traditional revenue sources such as endowments or state taxpayer subsidies – while also re-investing nearly $2 billion into academic infrastructure without raising tuition on its Phoenix campus for 17 straight years. The additional investments in its athletics programs under the proposed House settlement will be sourced from both existing and new streams of athletic-related revenue and will not be passed along to its students. Sources of athletics revenue include ticket sales, corporate sponsorship, a loyal and growing donor base, NCAA revenues and future Mountain West Conference media rights distributions.”
A hearing in federal court is set for April 7. Judge Claudia Wilken will decide whether to issue final approval to the terms in House v. NCAA.
The settlement will allow schools, in a revolutionary twist for college sports, to directly pay up to an estimated $20.5 million to athletes for NIL in the 2025-26 school year. Schools that choose to do so will also be subject to the roster limits.
The NCAA has agreed to a $2.576 billion class action lawsuit settlement to resolve claims it violated antitrust laws by limiting the amount of compensation college athletes could receive. The settlement backpay would benefit athletes who competed in Division I between June 15, 2016, and Sept. 15, 2024.
The case is named after lead plaintiff Grant House, a former Arizona State swimmer.
Which schools are already part of the settlement?
The power conferences are already listed as defendants in the House v. NCAA case.
Arizona State and Arizona as members of the Big 12 thus were already part of the settlement and did not need to declare inclusion like GCU, which currently resides in the WAC.
The SEC, Big Ten, ACC and Pac-12 schools are also part of the settlement.
Most notably, the Ivy League opted not to join the settlement.
The Associated Press contributed to this story.
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