Proposed $2.77 billion settlement clears first step of NCAA approval with no change to finance plan
Release time：2024-05-22 10:41:10 Source：Culture Channel news portal
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.
- Previous：Vikings seek new deal with Justin Jefferson; star WR absent so far from workouts, AP source says
- Next：At least 6 Egyptian women die after vehicle slides off ferry and plunges into Nile River
Related articles
- Andretti Global makes key engineering hire in bid to earn a spot in Formula 1
- The Walking Dead star Tom Payne 'unexpectedly' welcomes TWINS with model wife Jennifer Akerman
- Erling Haaland is a doubt for Man City's FA Cup semifinal against Chelsea
- Olympic organizers unveil strategy for using artificial intelligence in sports
- Hong Kong: Authorities will monitor internet platforms for non
- Israel's long
- An appeals court dismisses charges against a Michigan election worker who downloaded a voter list
- Start of Sen. Bob Menendez's bribery trial is delayed a week to mid
- Canada beats Czechs 4
- The US attempts a new military deal with Niger in a last ditch effort to stay
- What to expect in the California 20th District special election
- Man United overhaul under Ratcliffe extends to new technical director
- BP defeated thousands of suits by sick Gulf spill cleanup workers. But not one by a boat captain
- Man United player Garnacho apologizes for liking critical posts about Ten Hag
- Haiti’s international airport reopens after gang violence
- Texas Attorney General Ken Paxton can be disciplined for suit to overturn 2020 election, court says
- 5,000 flee military raids on villages in Myanmar’s Sagaing region — Radio Free Asia
- Man United overhaul under Ratcliffe extends to new technical director
- Bell's RBI single in 10th lifts Marlins to 3
- Cycling star Evenepoel targets June return from crash ahead of Tour de France and Paris Olympics
Random recommendation