The head of the College Sports Commission says the onset of $30 million football rosters funded mostly by companies providing third-party payments to players is within the rules but not the system some of its founders intended.

The College Sports Commission has launched a tip line that allows for anonymous reporting of potential violations of new rules in the name, image and likeness era that outline how players are paid, place limits on roster sizes and set a $20.5 million cap on revenue sharing.

The new College Sports Commission says it has cleared more than 8,300 name, image and likeness deals worth nearly $80 million.

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.

Bryan Seeley has been named the inaugural CEO of the recently established College Sports Commission.