College athletes on brink of getting $2.8 billion, revenue-sharing model in House v. NCAA settlement

[ap215]

College athletes on brink of getting $2.8 billion, revenue-sharing model in House v. NCAA settlement

A new era of college athletics is upon us, and leaders do not have much time to prepare for the transformative age.

College sports is on the precipice of changing forever as leaders from the NCAA and several power-conference levels have agreed to destroy the amateurism model and share revenue with players by coming to terms on settling a multi-billion dollar lawsuit that threatened to bankrupt the collegiate athletics enterprise.

https://www.cbssports.com/college-footb ... ettlement/

[ap215]

NCAA votes to accept $2.8 billion settlement that could usher in dramatic change for college sports

The NCAA and Southeastern Conference leadership have approved a $2.8 billion settlement of antitrust claims, moving college athletics closer to some of the most sweeping changes in its history.

The SEC became the latest league to agree to the proposal when its presidents and chancellors voted unanimously in favor on Thursday, a person with direct knowledge of the decision told The Associated Press on condition of anonymity because the conference was not making its internal discussions public.

https://apnews.com/article/ncaa-settlem ... 8f77abcf5a

[gounion]

About time college athletes are paid their share for making millions of dollars for their employers.