House v. NCAA Settled
Judge Claudia Wilken approved the settlement in the class-action House v. NCAA suit on Friday, June 6, paving the way for colleges to directly pay athletes for the first time since the NCAA’s founding in 1906. Starting July 1, colleges can pay $20.5 million to athletes, with football expected to receive 75 percent, basketball 20 percent, and the remaining five percent split all the remaining sports. Leagues can opt out of the settlement, as the Ivy League indicated it would in January.
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