NCAA settlement to allow schools to pay players

May 23, 2024

NCAA settlement to allow schools to pay players … In a decision that is sure to further disrupt the college football landscape, the NCAA and the 5-power conferences have agreed to allow schools to pay players after agreeing to settle three pending anti-trust cases. The NCAA will pay almost $3B in damages to past and current athletes over the next decade and each school will be allowed to share up to roughly $20M per year with its athletes. all D1 athletes dating back to 2016 are eligible to receive a share as part of the settlement. In exchange, athletes cannot sue the NCAA for other potential antitrust violations and drop their complaints in the three open cases. The terms of the settlement must still be approved by the judge in the 3 open cases, a process that is expected to take several months. Schools would then be able to begin sharing revenue starting in fall 2025. hard to know at this point what impact might have on the NFL, but it may be further incentive for college players, especially those not guaranteed to be high draft picks, to stay in school as long as they can.