How the House v. NCAA settlement could change future of college sports
More changes are coming to college sports. Or more accurately, some major, major changes should be kick-started next week, when the NCAA and power conferences are set to vote on whether to settle an antitrust lawsuit that could cost them more than $2.7 billion in damages.
A settlement in House v. NCAA is expected. That much is clear. But beyond those damages — which would be paid to past athletes who sued over not being compensated for the use of their name, image and likeness (NIL) in television broadcasts — a settlement would also establish a system for schools to share revenue directly with athletes for the first time. According to multiple reports, revenue sharing would be a choice for each school and initially capped around $20 million per year. And that’s where everything would get more complicated.
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