Michael Lowe, a partner in Troutman Pepper Locke’s Health Care + Life Sciences Practice Group, was quoted in the June 17, 2025 Bloomberg Law article, “NCAA’s $2.8 Billion Settlement Gets Congress Moving Toward Fixes.”

The deal provides a level of “stability in the NIL world” that wasn’t there before, offering a better likelihood of legislation advancing, said Michael S. Lowe, a litigation partner with Troutman Pepper Locke.

“There’s definitely an interest from this administration in getting some kind of NIL legislation passed,” he said.

The only way for the NCAA to put its antitrust issues to bed is to get a blanket federal liability shield, Lowe said. Just because the deal was approved doesn’t mean the organization is free from antitrust threats.

Student-athletes can still sue the NCAA over any of the settlement provisions, including a controversial cap on college athlete salaries, Lowe said.

“Whatever law is passed would need to make it very clear that the things that the House settlement has done are exempted from the Sherman Act,” Lowe said, referring to the settlement’s lead plaintiff, Grant House.