A potential multibillion-dollar settlement of an antitrust lawsuit has cleared the first of a three-step NCAA approval process, with no change to a payment structure that would have the 27 college conferences not named in the suit cover the majority of a $1.6 billion portion of the damages.
The Division I Board of Directors finance committee on Monday night passed the proposed $2.77 billion settlement of House vs. NCAA to the full board with a recommendation to stick with the original finance plan.
The NCAA, Big Ten, Big 12, Atlantic Coast Conference, Pac-12 and Southeastern Conference are defendants in the House case, a class-action lawsuit that seeks back pay for college athletes who were denied name, image and likeness compensation dating to 2016. The NCAA lifted its ban on athletes earning money for sponsorship and endorsement deals in 2021.
Related articles:
Related suggestion:
Glamor and grit are both on show in a London exhibition of photos from Elton John's collectionJimmie Johnson to attempt his own version of Indy 500 & NASCAR doubleheaderShopping complex fire inflicts tragedy on Vietnamese community in PolandUnited Methodists scrap their antiJimmie Johnson to attempt his own version of Indy 500 & NASCAR doubleheaderFancy a lastBlinken's Kyiv song choice raises eyebrows as Ukraine fights fierce Russian attacksFrom acting to the squared circle, Emmy winner Hauser is ready to rumble for Major League WrestlingF1 management and FIA reach peace agreement to stop infighting and align on behalf of global seriesReport: Welding at water slide caused huge fire in Sweden that killed one person
3.01s , 6500.6640625 kb
Copyright © 2024 Powered by Proposed $2.77 billion settlement clears first step of NCAA approval with no change to finance plan ,International Infusion news portal