Current location:politics >>
Proposed $2.77 billion settlement clears first step of NCAA approval with no change to finance plan
politics22554People have gathered around
IntroductionA potential multibillion-dollar settlement of an antitrust lawsuit has cleared the first of a three- ...
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.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Planet Panorama news portal”。http://namibia.izmirambar.net/article-65d998971.html
Related articles
'IF' movie review: John Krasinski’s film hits a box office nerve with $35 million debut
politicsJohn Krasinski’s imaginary friends movie “IF” claimed the top spot at the box office this weekend ac ...
【politics】
Read morePLAYER RATINGS: Scores revealed for DIRE Liverpool stars who flopped in first leg against Atalanta
politicsLiverpool were left stunned at Anfield after suffering a shock 3-0 defeat by Atalanta in the first l ...
【politics】
Read moreTiger Woods starts his 26th Masters with an impressive birdie on his first hole
politicsTiger Woods has begun his pursuit of a record 24th consecutive made cut at the Masters with a birdie ...
【politics】
Read more
Popular articles
- At least 40 villagers shot dead in latest violence in Nigeria's conflict
- 'It's Rory Delass!' Republic of Ireland's Megan Campbell wows fans with her catapult 38
- 5 arrested at dawn over freak accident at Hong Kong boy band Mirror concert
- Fans slam 'JOKE' of a penalty given to Bukayo Saka in footage of the Arsenal star winning a spot
- Proposed $2.77 billion settlement clears first step of NCAA approval with no change to finance plan
- Sheffield United face two
Latest articles
Massey, Perez hit homers to lead Royals in 8
Fans slam 'JOKE' of a penalty given to Bukayo Saka in footage of the Arsenal star winning a spot
Kyle Richards rocks a tuxedo while ex
Thierry Henry blames Declan Rice for Bayern Munich's opener at the Emirates
Congo names third American in a foiled coup plot as mourners gather in Utah to remember plot leader
Ai Weiwei launches new exhibit, says still trying to understand studio demolitions
LINKS
- EU reaches a tentative deal on Ukraine aid coming from profits of frozen Russian assets
- Dating coach dishes on his 'five
- Cruise ship sails into New York City port with 44
- Candace Parker takes new job with Adidas after retiring from WNBA
- Man indicted in killing of Laken Riley, a Georgia case at the center of national immigration debate
- Ippei Mizuhara, ex
- Arkansas cannot prevent 2 teachers from discussing critical race theory in classroom, judge rules
- Jean Smart reveals Harry Styles' cheeky 'hack' for checking into hotels undercover
- Rory McIlroy will NOT return to PGA Tour board after 'old wounds' reopened in 'messy' discussions
- Footage shows Fox Theatre balcony bouncing as excited fans dance at Gunna's Atlanta concert