SCOTTSDALE, Ariz. (AP) — The NCAA and major college conferences are considering a possible settlement of an antitrust lawsuit that could cost them billions in damages and force schools to share athletics-related revenue with their athletes.
But even if college sports leaders create a new, more professional model for collegiate athletics they likely would need help from Congress if athletes are not classified as employees.
Two people familiar with settlement discussions related to House vs. the NCAA told the AP on Friday the association could pay out $2.9 billion in damages over 10 years to resolve the class-action lawsuit — which is set to go to trial in January. Schools in the Big Ten, Big 12, Atlantic Coast Conference and Southeastern Conference could be on the hook for about $30 million per year, which would include about $20 million annually directed to their athletes.
Luke Rowe, who helped 3 leaders win the Tour de France, will retire at the end of the season
WhatsApp launches a major change that makes it much faster to find chats
Shirtless James Argent displays his incredible 14
Flowers, candles, silence as Serbia marks the 1st anniversary of mass shooting at a Belgrade school
U.S. votes against Palestinian request for full UN membership at Security Council
New York lawmakers pass $237 billion budget addressing housing construction and migrants
Aaron Brooks defeats wrestling gold medalist David Taylor, who loses his Olympic roster spot
Ministers told to redraw green plans after High Court rules UK's current net zero strategy unlawful
Shirtless James Argent displays his incredible 14
Bomb kills 5 people, including children, at a refugee camp in eastern Congo
Taylor Swift drops surprise double album