Particle.news

Download on the App Store

NCAA and Power Five Conferences Approve Historic $2.8 Billion Settlement

The settlement introduces a revenue-sharing model allowing schools to pay athletes directly, marking a fundamental shift in college sports.

Image
Sedona Prince (right) drives to the basket during the TCU Horned Frogs' game against the Baylor Lady Bears.
Grant House competes in the men's 200m butterfly C final at the TYR Pro Swim Series Westmont at FMC Natatorium on March 8, 2024.

Overview

  • The agreement resolves three major antitrust cases, with payments dating back to 2016.
  • Athletes will receive a share of revenues from broadcast rights, ticket sales, and sponsorships.
  • The new model permits schools to allocate up to $21 million annually for athlete compensation.
  • Final approval from a federal judge is required, with revenue sharing likely starting in 2025.
  • This marks the end of the NCAA's traditional amateurism model, aligning college sports more closely with professional leagues.