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Federal judge approves $2.8B settlement, allowing colleges to pay athletes directly starting July 1, 2025.
A federal judge has approved a $2.8 billion settlement in the House v. NCAA antitrust lawsuit, allowing colleges to pay student-athletes directly starting July 1, 2025.
Schools can share up to 22% of their athletic revenue, with a cap of $20.5 million annually.
The settlement provides back payments to athletes from 2016 to 2025 and establishes a new enforcement mechanism for Name, Image, and Likeness (NIL) deals.
Mississippi’s Lieutenant Governor warns that this could disadvantage smaller schools, while NCAA President Charlie Baker seeks antitrust protection to support the new ruling.
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El juez federal aprueba un acuerdo de $2.8B, permitiendo a las universidades pagar a los atletas directamente a partir del 1 de julio de 2025.