Details of the settlement have yet to be finalized, but it sounded like programs would be able to selectively pay athletes by sport. They'll use roster caps on all sports to keep a lid on expenses.
One question (can of worms) will be the statutory definition of employee vs. contractor in the context of college sports, which category athletes fall under, and what the legal rights both players and athletic departments will have, from unionizing & collective bargaining, striking, at will employment, right to work, subcontracting, and more.
@steamboat_charlie: couple of other threads here
https://intermatwrestle.com/forums/topic/4680-ncaa-and-power-5-agree-to-allow-schools-to-pay-players/
https://intermatwrestle.com/forums/topic/4681-college-wrestling-is-cooked/