A federal judge has approved the class-action settlement House v. NCAA, allowing direct payments to college athletes starting this fall. Colleges in the NCAA's top division can pay athletes with an initial salary cap of $20.5 million per institution. Additionally, over $2 billion will be distributed to former athletes who could not earn while in school. This reform marks a significant shift from the previous amateurism model, acknowledging the enormous revenue generated by college sports, as remarked by NCAA officials and advocates for athlete compensation.
Despite some compromises, the settlement agreement nevertheless will result in extraordinary relief for members of the settlement classes.
The money became too big to not allow athletes to get a cut.
Direct payments to players...is a tremendously positive change and one that was long overdue.
The approval of the settlement marks a huge step forward for college sports.
Collection
[
|
...
]