Judge Approves $2.8 Billion NCAA Settlement, Allowing Colleges to Compensate Athletes

NCAA President Charlie Baker says the settlement agreement sets the foundation for NCAA member schools to start stabilizing college sports.
Judge Approves $2.8 Billion NCAA Settlement, Allowing Colleges to Compensate Athletes
The NCAA headquarters in Indianapolis on March 12, 2020. Michael Conroy/AP Photo
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A federal judge granted final approval to a $2.8 billion settlement with the National Collegiate Athletic Association (NCAA) in a June 6 ruling that would allow schools to share athletic revenues with student athletes for the first time.

The settlement, approved by District Judge Claudia Wilken, resolved three antitrust lawsuits filed by student athletes who argued that the NCAA’s rules barring revenue sharing between schools and students violated U.S. antitrust laws.