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NCAA and Power 5 Conferences to Allow Schools to Pay Players Directly After Settlement

The NCAA and its Power 5 conferences (ACC, SEC, Big Ten, Big 12, and Pac-12) have reached a multibillion-dollar settlement to resolve three federal antitrust cases, allowing schools to directly pay student-athletes. The settlement includes $2.7 billion in damages over ten years for current and former athletes and establishes a revenue-sharing plan starting in fall 2025, allowing schools to distribute up to $20 million annually to student-athletes. However, athletes will not be considered school employees, and the settlement's approval depends on past and current athletes' agreement not to join separate lawsuits.

Here is the press release of the NCAA:


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