NCAA agrees to share revenue with athletes in landmark $2.8B settlement
Written by Sports News
NCAA agrees to share revenue with athletes in landmark $2.8B settlement
The NCAA and the nation's five biggest conferences have agreed to pay nearly $2.8 billion to settle a host of antitrust claims, a monumental decision that sets the stage for a groundbreaking revenue-sharing model that could start directing millions of dollars directly to athletes as soon as the 2025 fall semester.
The deal still must be approved by the federal judge overseeing the case and challenges could arise, but if the agreement stands it will mark the beginning of a new era in college sports where athletes are compensated more like professionals and schools can compete for talent using direct payments.
More Here: https://www.scrippsnews.com/sports/ncaa-leagues-sign-off-on-2-8-billion-plan-setting-stage-for-dramatic-change-across-college-sports
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