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.
