While the House v. NCAA settlement remains mired in appellate proceedings, the tens of thousands of college athlete class members have yet to receive a single distribution. That includes top former college football and men’s basketball players who stand to earn upwards of $1.2 million over the settlement’s 10-year lifespan.
Yet for at least one House claimant, the stalled settlement process has become remarkably lucrative.
Since last year, Roman Rashada, a former defensive back at Arizona State (2023) and Ole Miss (2022), has generated nearly seven figures as an intermediary connecting class members seeking upfront cash with a company that purchases claims.
Rashada is the top-earning referrer to Athlete Creditor, a subsidiary of Wyoming-based Grand Teton Systems, which has emerged as one of the two major House claims purchasers. The other is Sycamore Grove Claims, an affiliate of Connecticut-based private investment firm Outpost Capital Partners. Both companies offer athletes discounted, lump-sum payments in exchange for the right to collect their future settlement distributions.
To date, the two competing firms purport to have acquired more than 9,000 House claims with an aggregate face value of approximately $700 million—representing roughly one-third of the funds due to class members after attorney’s fees were deducted from the $2.78 billion settlement. (Sportico was unable to independently verify these figures.)
