NCAA, leagues sign off on $2.8 billion plan to set stage for dramatic change across college sports

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The NCAA and five major college sports conferences have agreed to settle antitrust allegations for nearly $2.8 billion over the next 10 years.

The NCAA and the nation's five biggest conferences have agreed to pay nearly $2.8 billion to settle a host of antitrust claims, a monumental decision that sets the stage for a groundbreaking revenue-sharing model that could start directing millions of dollars directly to athletes as soon as the 2025 fall semester.

was set to go to trial in January. The complaint, brought by former Arizona State swimmer Grant House and Sedona Prince, a former Oregon and current TCU basketball player, said the along with the five wealthiest conferences, improperly barred athletes from earning endorsement money. The suit also made the case that athletes were entitled to a piece of the billions of dollars the NCAA and those conferences earn from media rights agreements with television networks.

creates a potential complication as it remains in a Colorado court after a judge denied a request to combine it with Carter. Whether Fontenot becomes part of the settlement is unknown, and it matters because the NCAA and its conferences don't want to be on the hook for more damages should they lose in court.

 

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