NCAA and six major conferences agree to $2.77bn antitrust settlement on athlete compensation limits.
The full settlement agreement of antitrust lawsuits involving the NCAA and six major conferences is expected to be filed with a federal court by the end of the week. The NCAA along with the Atlantic Coast Conference, Big Ten, Big 12, Pac-12, and Southeastern Conference agreed on a $2.77bn settlement on May 23, addressing multiple antitrust lawsuits challenging limits on college athlete compensation. The settlement will also allow schools to share revenue generated by athletics with athletes.
July 23, 2024
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