Buffs AD George Believes CU Well-Prepared For Changing College Environment - University of Colorado Athletics

BOULDER — As the landscape of college athletics continues to change at an unprecedented pace, Colorado Athletic Director Rick George believes the Buffaloes are well-situated to be a successful part of that evolution.George met with the media Tuesday morning, one day after U.S. District Court Judge Claudia Wilken gave preliminary approval to the landmark House v. NCAA settlement. If finalized, the House agreement would provide $2.78 billion in retroactive payments to former college athletes dating back to 2016 as well as allow athletic departments to participate in revenue sharing with current athletes. That revenue sharing is expected to be more than $20 million annually per school, starting as soon as 2025.In simple terms, the agreement lays the groundwork for a significant rise in costs to every athletic department that chooses to participate in the revenue sharing plan."We know the challenges of the house settlement are big and broad," George said. "We're prepared for them. We've be...