NCAA Settlement Approved, Reshaping College Sports and Athlete Compensation
TL;DR Summary
The NCAA has approved a settlement allowing college athletic departments to pay athletes directly from their revenue, starting with a $20.5 million fund over ten years, prompting universities like Alabama to strategize on how to allocate funds across various sports amid financial challenges and the need for sustainable programs.
- How the spoils will get divided from NCAA settlement ESPN
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- Federal judge approves $2.8B settlement, paving way for US colleges to pay athletes millions ABC News
- House v. NCAA settlement fundamentally alters college athletics, but don't expect it to bring stability CBS Sports
- Attorneys in NCAA antitrust case to share $475M in fees, with potential to reach $725M Yahoo
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