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According to sources cited by ESPN.com’s Thamel & Murphy, college sports leaders are working to reach a legal settlement that “will set the framework for revenue sharing with athletes in the future NCAA business model.” They say they are engaged in “deep discussions.” . The House of Representatives v. NCAA case is scheduled to go to court in January 2025. If the plaintiffs win at trial, the NCAA and its schools “could be liable to pay more than $4 billion in damages, which is a motivating factor for many leaders across the country.” demand. The “turning point” in the discussions came last week in the Dallas area, where “power conference members, general counsel, NCAA President Charlie Baker, NCAA attorneys and plaintiffs’ attorneys met,” according to people familiar with the matter. Officials stressed that “no agreement is imminent,” but added that “details of what a multibillion-dollar settlement would look like will be shared between campuses in the near future.” “It’s planned.” Thamel & Murphy said there are “myriad variables” to reaching the goal, and that “there are still some obstacles and opposition at the campus level, but sources say progress has accelerated in recent weeks.” “There is,” he pointed out. The settlement is expected to cost billions of dollars in back pay to former athletes and would also require the NCAA and conferences to agree to a system that would share more revenue with some players going forward. right”. The maximum revenue share per school, once determined, would be close to $20 million a year, sources said, but that “has not yet been determined.”ESPN.com, 4/29).
good idea: The revenue-sharing idea “came out of a joint advisory group between the SEC and the Big Ten,” according to people familiar with the matter, and both conferences announced it in February. This group consists of university presidents/presidents and ADs (CBSSPORTS.com, 4/29).
