New documents were filed in the historic House v. NCAA case on Friday, the next step in formalizing the settlement agreement that will reshape college sports. They provide additional details on the previously announced $2.8 billion in back-pay damages to be paid out over 10 years to former Division-I athletes dating back to 2016, as well as a 10-year revenue-sharing model that could distribute money directly from athletic departments to college athletes starting in 2025. The documents also detail other aspects of the settlement agreement, including the institution of roster limits and potential establishment of an oversight program for future NIL deals.
Judge Claudia Wilken still needs to approve the settlement.
The terms were agreed to in principle in May. Filed in the Northern District Court of California, the settlement is an effort to resolve multiple class-action antitrust lawsuits against the NCAA and Power 5 conferences: House v. NCAA, Hubbard v. NCAA and Carter v. NCAA.
“This is another important step in the ongoing effort to provide increased benefits to student athletes while creating a stable and sustainable model for the future of college sports,” NCAA president Charlie Baker and the P5 commissioners said in a joint statement. “While there is still much work to…
