NCAA Approves $2.8 Billion Settlement to Pay College Athletes
TL;DR Summary
The NCAA and its five power conferences have approved a deal allowing schools to pay athletes directly, settling three antitrust cases with nearly $2.8 billion in damages to be distributed to current and former athletes for the use of their name, image, and likeness.
- NCAA, power conferences vote to approve settlement that would pay athletes The Washington Post
- NCAA, power conferences agree to allow schools to pay players ESPN Australia
- SEC latest to approve terms of multi-billion settlement in House v. NCAA class-action lawsuit: Sources The New York Times
- College athletes on brink of getting $2.8 billion, revenue-sharing model in House v. NCAA settlement CBS Sports
- NCAA, leagues sign off on $2.8 billion plan, setting stage for dramatic change across college sports The Associated Press
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