NCAA and major conferences reach $2.8bn settlement over athlete compensation in House v. NCAA antitrust case, allowing revenue-sharing from 2025.
The NCAA and five major conferences agreed on a $2.8bn settlement in the House v. NCAA antitrust case. This compensates former collegiate athletes for unpaid income between 2016 and 2020, with payments distributed over 10 years. Division I schools will be allowed to establish a revenue-sharing framework from 2025, distributing up to $20m sports revenue yearly to athletes, potentially impacting employment laws, Title IX, and collective bargaining.
June 07, 2024
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