As college athletics enters a transformative era, a landmark NCAA settlement could reshape player compensation, conference dynamics, and the future of the NCAA itself. This panel brings together leading voices from sports governance and business strategy to explore the implications of direct athlete payments, revenue sharing, and evolving financial models. Panelists will discuss how schools should adapt to a salary cap environment, the role of the NCAA as a governing body, and the impact on competitive balance between large and small programs. The conversation will also examine conference realignment, private equity’s growing influence in college sports, and data-driven decision-making for long-term NCAA sustainability. With major financial and structural shifts on the horizon, this discussion will provide insights into what lies ahead for college athletics and the future of the NCAA.