A potential multibillion-dollar settlement of an antitrust lawsuit has cleared the first of a three-step NCAA approval process, with no change to a payment structure that would have the 27 college conferences not named in the suit cover the majority of a $1.6 billion portion of the damages. The Division I Board of Directors finance committee on Monday night passed the proposed $2.77 billion settlement of House vs. NCAA to the full board with a recommendation to stick with the original finance plan. The NCAA, Big Ten, Big 12, Atlantic Coast Conference, Pac-12 and Southeastern Conference are defendants in the House case, a class-action lawsuit that seeks back pay for college athletes who were denied name, image and likeness compensation dating to 2016. The NCAA lifted its ban on athletes earning money for sponsorship and endorsement deals in 2021. |
Children's books boost SinoCargo throughput of Rizhao Port sees 6.7 pct yOne Extraordinary Photo: An AP photographer explains how he captured the total eclipseNight landscape against stunning Milky Way in N ChinaMore Buddha statues found in northern LaosGlobal smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the leadYour morning coffee may be hundreds of thousands of years oldChinese film festival kicks off in LondonChina's national legislature opens annual session'Lanting' cultural salon in Auckland celebrates Chinese calligraphy, traditions