(AP) —Conference commissioners lauded a judge’s approval of a $2.8 billion antitrust lawsuit settlement as a means for bringing stability and fairness to an out-of-control college athletics industry but acknowledged there would be growing pains in implementing its terms.

In a 30-minute virtual news conference Monday, commissioners of the ACC, Big Ten, Big 12, Pac-12 and SEC renewed their call for congressional action to supplement and even codify the settlement and emphasized that cooperation at every level of college sports would be necessary to make it work.

They said it was too early to address how violators of rules surrounding revenue sharing and name, image and likeness agreements would be punished and noted newly hired College Sports Commission CEO Bryan Seeley would play a major role in determining penalties.

The new era of college athletics has arrived after U.S. District Judge Claudia Wilken gave final approval Friday night to what’s known as House vs. NCAA. Beginning July 1, each school can share up to about $20.5 million with their athletes and third-party NIL deals worth $600 or more will be analyzed to make sure they pay appropriate “market value” for the services being provided by athletes.

Some of the topics addressed Monday: BINDING CONFERENCES TO TERMS The conferences drafted a document that would bind institutions to enforcement policies even if their state laws are contradictory. It would require schools to waive their right to pursue legal challenges against the CSC. It also would exempt the commission from lawsuits from member schools over enforcement decisions, instead offering arbitration as the main settlement option.

Consequences for not signing the agreement would include risking the loss of league membership and participation against other teams from the Power Four conferences.

Big 12 Commissioner Brett Yormark said the document remains a work in progress but that he’s gotten no pushback from his schools.

“I look to get that executed here in short order,” he said, ‘and know it will be very necessary for all the conferences to execute as well.”

DIRECTIVES ON REVENUE SHARING There has been no directive given to individual schools on how to determine the allocation of revenue- sharing payments, commissioners said. It’s widely acknowledged that athletes in football and basketball are expected to receive the majority of the money.

“I know for all five of us no one is forgetting about their Olympic sports and continuing to make sure we’ve invested a high level for all of our sports,” ACC Commissioner Jim Phillips said.

COLLEGE SPORTS COMMISSION CEO The commissioners said Seeley, as Major League Baseball executive vice president of legal and operations, was uniquely qualified to lead the CSC, which is charged with making sure schools adhere to the rules.

“Culture doesn’t change overnight,’ Seeley told The Athletic over the weekend. ‘I don’t expect that to happen overnight, but I do think that the schools that have signed on to the settlement want rules and want rules to be enforced. Otherwise they wouldn’t have signed on to the settlement. I think student- athletes want a different system. So I think there is a desire for rules enforcement. There’s a desire for transparency.”

Sankey said Seeley is well-versed in areas of implementation, development and adjustment of rules and in NIL disputes requiring arbitration.

Yormark said: “You want people not to run away from a situation but to run to a situation. He ran here, and he’s very passionate to make a difference and to course correct what’s been going on in the industry.”

SKEPTICISM ABOUT ENFORCEMENT Deloitte’s “NIL Go” program and LBI Software will track NIL deals and revenue sharing contracts, and the commissioners shot down skepticism about the ability of those tools to enforce terms of the settlement. SEC Commissioner Greg Sankey said football and basketball coaches he spoke with in February were unanimous in wanting regulation.

“They have the responsibility to make what they asked for work,” he said.

CONGRESSIONAL ACTION NCAA President Charlie Baker has been pushing Congress for a limited antitrust exemption that would protect college sports from another series of lawsuits, and the commissioners want a uniform federal NIL law that would supersede wide-ranging state laws.

“We’re not going to have Final Fours and College Football Playoffs and College World Series with 50 different standards,” Sankey said, “so that’s a starting point.”

Big Ten Commissioner Tony Petitti said the willingness of administrators to modernize the college athletics model should prompt federal lawmakers to move on codifying the settlement.