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VisitFirst college sport to implement the new athlete compensation model in 2025
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NCAA announcements and compliance reports
NCAA, Power Five, Big Ten Approve $2.8 Billion Settlement to Pay College Athletes
May 24, 2024, 12:54 AM
The NCAA and the nation's five largest college sports conferences, including the Power Five and Big Ten, have approved a $2.8 billion settlement to resolve antitrust claims in the House case. This landmark agreement will allow schools to directly pay college athletes for the first time in over a century of college sports history. The settlement includes a revenue-sharing model, enabling schools to distribute up to $20 million annually to their athletes, starting as early as the fall of 2025. The settlement also involves paying $2.8 billion in damages over the next 10 years to both former and current athletes. This decision marks a significant shift from the NCAA's long-standing amateurism model towards a more professional-like compensation structure for college athletes.
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