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Report: Power 5, NCAA reach historic agreement to pay players

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(Photo credit: Marc Weiszer/Athens Banner-Herald / USA TODAY NETWORK)

The SEC and Pac-12 joined the three other power conferences - the Big Ten, ACC and Big 12 - and the NCAA in agreeing on a multi-billion-dollar settlement that would allow schools to directly pay student-athletes for the first time in NCAA history, ESPN reported on Thursday.

"The five autonomy conferences and the NCAA agreeing to settlement terms is an

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