The NCAA has agreed to settle three antitrust lawsuits by paying $2.77 billion over 10 years to current and ex-college athletes. This settlement will allow schools to share revenues with NCAA athletes, potentially up to around $22 million annually. It marks a new era in college sports where athletes will be compensated more like professionals, with UCLA expected to start revenue sharing with its athletes in August 2025.
The recent college sports antitrust settlement's revenue-sharing model signals big changes for athletic departments nationwide 💰 With potential annual payouts of up to $21M per school, tough decisions on budget allocations lie ahead. Read more here ⬇️ https://t.co/FsfeEfV6C5
NCAA Settlement Agreement Allows Schools to Pay Students-Athletes Directly https://t.co/ZZlbKL7GDL #Sports #Money #Antitrust @VarnumLaw https://t.co/NszSz6Vy03
Colleges are set to give $2.8 billion over the next 10 years to their student athletes through revenue sharing and will include “back pay” to student athletes from as far back as 2016. The “back pay” SHOULD GO BACK AT LEAST 25 YEARS because athletes like Tim Tebow, Breanna… https://t.co/7heY8NcI6S
Gut-wrenching choices and Title IX complications face college athletics in wake of House v. NCAA settlement Inside college athletics' dicey new world: https://t.co/Mz0e0YQQh1
From @bmarcello: Gut-wrenching choices, Title IX complications face college athletics in wake of House v. NCAA settlement https://t.co/eKUjB9Y2bL
"We're having to chart the course we think is best. That's why we're talking so much about it." The biggest issue looming over athletic departments in the wake of the antitrust settlements is the unknowns surrounding Title IX. w/@CFBHeather https://t.co/az8sCfWbtL
.@UCLAAthletics will start revenue sharing with athletes in August 2025 after settling antitrust cases 💰 The cap is set at 22%, potentially distributing $20M-$22M annually among 600+ athletes. Read more ⬇️ https://t.co/giRqcrClMy
ICYMI: UCLA could distribute at least $20 million a year to its more than 600 athletes https://t.co/Hwj8sldk0q
Despite the enormous size of the settlement by hundreds of thousands of former college athletes over name, image and likeness compensation, it only resolves one of the NCAA's many legal crises, while shining a light on the severity of the others. https://t.co/gCL7uzmebx https://t.co/4jISfkU3pq
#NCAA settlement updates 🏀 ◾$2.8B in back pay to athletes for lost NIL revenues ◾Future revenue-sharing for direct athlete payments ◾Changes to scholarship limits and NIL rules Read more from @bportnoy15 ⬇️ https://t.co/yqmwMmRuVv
UCLA Athletics has issued a statement regarding the NCAA settlement. “UCLA Athletics expects to participate in student-athlete revenue sharing, with an anticipated start of August 2025. The cap of 22% of revenue could amount to as much as $20-$22M per year.” Full statement: https://t.co/OReyunBc6j
Who will benefit? How will this work? How will the schools pay? Who filed the case and when? Is everyone on board with this? There are a lot of questions around the multibillion-dollar settlement in the House v. NCAA case, so @achristovichh worked to answer them ⬇️
In a statement related to the House v. NCAA settlement, UCLA’s athletic department said it expects to start participating in revenue sharing with its athletes in August 2025, with the cap of 22% revenue amounting to as much as $20 million to $22 million per year in distributions.
Here are the college athletes who likely would get paid first as the NCAA and top conferences approve a $2.8 billion antitrust settlement. https://t.co/ZIn9OE75Ca
ICYMI: Breaking down the historic NCAA settlement with the lead lawyer for the NCAA, Rakesh Kilaru. Everything you would want to know about the settlement and what it means for the future of college sports. https://t.co/juFU3kWkmA
A cycle of constant litigation? I wonder why. The House settlement has a cap on athletes, and only athletes. Clearly, the NCAA wants a cap without bargaining for one, and wants Congress to codify it into law. Instead, pay past damages and remove restrictions to allow all market…
The NCAA reached a tentative settlement agreement in a series of anti-trust lawsuits that could pave way for schools to directly pay athletes for first time. Here's how it all could work: https://t.co/6bsFPZlS5J
The National Collegiate Athletics Association and its Power Five conferences have agreed to a settlement of nearly $2.8 billion to resolve antitrust litigation. https://t.co/xi6qNrC60P
The stage is set for colleges to pay athletes directly for the first time ever after a $2.8 billion settlement involving the NCAA and the biggest collegiate conferences. https://t.co/b62aS8lDEC
Thousands of student athletes are in line to receive their share of a $2.8 billion settlement resolving an antitrust lawsuit against the NCAA and the nation's five biggest conferences. The challenge now will be deciding how much each player gets and why. https://t.co/d5u5Evx5yD
Thousands of student athletes — both past and present — are in line to receive their share of a $2.8 billion settlement resolving an antitrust lawsuit against the National Collegiate Athletic Association and the nation's five biggest conferences: https://t.co/d5u5Evx5yD https://t.co/jdva6yihoR
A settlement was reached in the landmark House v. NCAA case that would allow schools to pay players for the first time. Schools said they will now need to look for new revenue streams—and private equity appears willing to help. More in @achristovichh's feature ⬇️
Under the proposed settlement, schools will be able to share revenues up to around $22 million annually with NCAA athletes. https://t.co/rwRnDYi3H4
Once approved by a judge, the deal will mark the beginning of a new era in college sports where athletes are compensated more like professionals. https://t.co/YPr8t0tsEk
The NCAA announced Thursday they had agreed to settle three antitrust lawsuits, paying $2.77 billion over 10 years to current and ex-college athletes. It’s a rare win for players in the eternal Suits vs. Sneakers fight, according to columnist Scott Ostler. https://t.co/EAugdZ6dGQ
The deal also calls for a groundbreaking revenue-sharing model that could start directing millions of dollars directly to college athletes as soon as fall 2025. https://t.co/VIXNTt9zr8