A potential multibillion-dollar settlement of an antitrust lawsuit has cleared the first of a three-step NCAA approval process, with no change to a payment structure that would have the 27 college conferences not named in the suit cover the majority of a $1.6 billion portion of the damages.
The Division I Board of Directors finance committee on Monday night passed the proposed $2.77 billion settlement of House vs. NCAA to the full board with a recommendation to stick with the original finance plan.
The NCAA, Big Ten, Big 12, Atlantic Coast Conference, Pac-12 and Southeastern Conference are defendants in the House case, a class-action lawsuit that seeks back pay for college athletes who were denied name, image and likeness compensation dating to 2016. The NCAA lifted its ban on athletes earning money for sponsorship and endorsement deals in 2021.
Emma Hayes' first roster as coach of the US women's team includes 2 first
Chasing 5th straight win, Nelly Korda is 2 shots back at Chevron Championship after a first
Olympic sports bodies criticize track and field's move to pay $50,000 for Paris gold medalists
A Canadian serial killer who brought victims to a pig farm is hospitalized after a prison assault
Brazil's president calls for IMF reform to reflect today's world
How bad did Dylan Strome want to make the NHL playoffs? Ask his brothers
Prabowo Subianto wins 2024 Indonesian presidential election
Kentucky congressman expects no voter fallout for his role in attempt to oust House speaker
12 students and teacher killed at Columbine to be remembered at 25th anniversary vigil
Serie A champion Inter facing a nervous wait as deadline passes for loan repayment to Oaktree
Netflix adaptation of The Talented Mr. Ripley fuels tourism to tiny Italian town