The settlement of House v. NCAA was given final approval by Judge Claudia Wilken on Friday night, allowing colleges to directly pay players via revenue sharing for the first time.Wilken’s stamp of approval was long expected, and the settlement marks the end of the NCAA’s previous model of amateurism, in which athletes were not allowed to earn money while in school.Beginning July 1, schools can share up to $20.5 million of their revenues with their athletes. That cap will increase by at least four percent each year for the next 10 years.The settlement also allots $2.8 billion in back payments for athletes who missed out on earning opportunities while in school between 2016 and 2024.The ruling settles three separate antitrust suits brought against the NCAA, most notably by ex-Arizona State swimmer Grant House and women’s college basketball player Sedona Prince.