It’s a particularly significant moment for Boston College and UMass, the state’s two institutions that compete in FBS, the highest level of college football.

The House v. NCAA settlement has been expected for a bit, but the final approval June 6 was a landmark day for college sports. Starting July 1, schools will enter the revenue-sharing era. Athletic departments all over the country have long been batting around ideas of how to approach dividing up money with student-athletes.