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.