College Athlete Payment System (CAPS)

Beginning July 1, 2025, colleges and universities across the country will be able to directly share revenue with student-athletes for the first time, creating more opportunities for student-athletes than ever before. Student-athletes can receive this direct compensation in addition to their athletic scholarships, third-party NIL earnings, and countless other benefits including access to world-class training facilities, academic counseling, medical care, post-eligibility medical coverage, mental health resources, nutritional guidance and life skills development.

Schools can distribute each year up to 22% of the average revenue among schools in the ACC, Big Ten, Big 12, Pac-12 and SEC from media rights, ticket sales, and sponsorships – known as the revenue sharing cap. The cap is $20.5 million per school for the 2025-26 academic year.

The new revenue sharing rules will be overseen by the College Sports Commission.

The College Sports Commission and LBi Software have developed a comprehensive cap management system known as the College Athlete Payment System (CAPS). Participating institutions are required to use CAPS to manage and report their revenue sharing payments to student-athletes when revenue sharing goes into effect on July 1, 2025.

The platform will enable schools to:

Allocate cap funds to student-athletes
Monitor payments and track progress against the cap
Manage compliance with revenue sharing rules
Track roster allocations

LBi and the College Sports Commission will provide participating institutions with many opportunities for education on the CAPS platform and the revenue sharing rules to ensure that administrators fully understand the new model and are prepared to comply with the new rules.

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Overseen by the College Sports Commission