The NCAA's 119-year amateurism model died Friday with a judge's pen as the landmark House v. NCAA antitrust settlement received final approval, opening the door for millions of dollars to be shared between schools and players for the first time.

Late on Friday night, the NCAA was approved to make changes to roster limits, Name, Image and Likeness guidelines and player revenue sharing.

University of Tennessee athletes will be paid revenue directly by the school in addition to third-party NIL income. Here's how the new system works.