This was very much a foregone conclusion, but the House et al v NCAA et al settlement was officially approved.
Some great reading on the settlement:
Ross Dellenger:
sports.yahoo.com
Ralph D. Russo, Stewart Mandel and Justin Williams:
www.nytimes.com
Matt Brown has a fantastic take:
www.extrapointsmb.com
#1 - Nothing really happens now... everyone (USF included) was already preparing for this.
#2 - Lawsuits will be filed challenging many aspects of this until Congress steps in.
#3 - Money is even MORE IMPORTANT now.
Ross has a quick X.com thread summarizing keypoints:
Some great reading on the settlement:
Ross Dellenger:
NCAA's House settlement approved, ushering in new era where schools can directly pay athletes
After hanging in limbo for nearly two months, the House settlement is finally approved, which means $2.8 billion in NIL backpay will be distributed to former NCAA athletes.
Ralph D. Russo, Stewart Mandel and Justin Williams:

Historic House v. NCAA settlement gets final approval, allowing schools to pay college athletes
Universities can begin directly sharing revenue with college athletes starting July 1.

Matt Brown has a fantastic take:
Okay FINE here's an emergency newsletter now that House was approved
The most anticlimactic groundbreaking newsdump ever

#2 - Lawsuits will be filed challenging many aspects of this until Congress steps in.
#3 - Money is even MORE IMPORTANT now.
Ross has a quick X.com thread summarizing keypoints: