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    NCAA to Pay Athletes $2.8 Billion in Landmark Settlement

    A landmark settlement of $2.8 billion has been reached in a class-action lawsuit filed by over 390,000 college athletes against the NCAA. This historic decision ends the NCAA's long-standing amateurism rule, paving the way for schools to pay athletes directly starting July 1st. The lawsuit argued that the NCAA's system was unfair, as it profited immensely from athletes' names, images, and likenesses without providing compensation. "This system was unfair, and we deserved compensation," stated one of the plaintiffs involved in the lawsuit. The settlement will see a significant payout to affected athletes, with those competing in high-revenue sports like football and basketball expected to receive the largest amounts. This ruling marks a significant shift in college sports, potentially changing the landscape of collegiate athletics forever.

    2 months ago
    AU
    United States
    news summary
    sports
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