NCAA Nears Settlement in Landmark Antitrust Case
Proposed deal would establish revenue-sharing system for college athletes, potentially reshaping the future of collegiate sports.
- Settlement talks are progressing with a deadline set for May 23.
- The NCAA could pay $2.7 billion in damages and set up a revenue-sharing model.
- Schools may share up to 22% of athletic revenue with athletes annually.
- Future athletes can opt in or challenge the revenue-sharing terms each year.
- The settlement does not address the issue of athletes being considered employees.