And, continuing the theme of our previous post - From Inside Higher Ed:
The federal judge overseeing the massive antitrust lawsuit governing the compensation of college athletes on Monday preliminarily approved a settlement the players struck with the National Collegiate Athletic Association and several major sports conference last summer.
...The NCAA made major concessions in that settlement to try to maintain its increasingly fragile ability to govern college athletics and whether and how players are compensated. Under the settlement, the NCAA and several major sports conferences agreed to pay $2.8 billion in what is essentially “back pay” for use of athletes’ names, images and likenesses since 2016. The deal would also create a revenue-sharing model going forward in which colleges that choose to participate would agree to distribute roughly a fifth of their annual revenue—roughly $20 million each—to their players...
Full story at https://www.insidehighered.com/news/quick-takes/2024/10/08/judge-preliminarily-approves-settlement-suit-athlete-pay.
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