NCAA Agrees to Landmark $2.78 Billion Settlement in Antitrust Cases
The deal allows schools to pay athletes directly and introduces new regulations on name, image, and likeness (NIL) deals.
- Settlement covers three major antitrust lawsuits challenging NCAA compensation rules since 2016.
- Athletes to receive payments based on sport, conference, and duration of play, with significant sums for football and basketball players.
- New rules replace scholarship limits with roster caps, increasing potential scholarships in various sports.
- Schools can share up to 22% of athletic revenue with athletes starting in 2025, subject to an annual cap.
- A public database and arbitration system will oversee NIL deals to ensure compliance and fair market value.