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.

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.