In first year of NIL payouts, 68 schools hit or came very close to $20.5M revenue-sharing limit

During the first year of NIL payouts, 68 athletic programs in major Division I conferences reached or nearly reached the $20.5 million revenue-sharing limit.
Exactly 68 schools — the same number of athletic programs in the four biggest conferences in Division I — reached or came within 5% of reaching the $20.5 million revenue-sharing cap over the first season of a system that allowed the schools to pay their players directly ...
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