NCAA Approves Multi-Billion Dollar Settlement in Historic House Case, Ending Amateurism ...Middle East

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By Riley Overend on SwimSwam Despite pushback from smaller Division I conferences, the NCAA Board of Governors reportedly approved settlement terms for Arizona State swimmer Grant House‘s class-action lawsuit that could send more than $15 billion to college athletes over the 10-year agreement. The settlement, which would also end the Hubbard and Carter cases facing the NCAA if approved by U.S. District Judge Claudia Wilken, includes almost $2.8 billion in back damages for lost opportunities from the organization’s past restrictions on name, image, and likeness (NIL). But the more consequential component is a revenue-sharing model that would allow schools to share up to $22 million annually w

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Last updated : 24 May 2024 clock 06:20 AM

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NCAA Approves Multi-Billion Dollar Settlement in Historic House Case, Ending Amateurism ...Middle East

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