NCAA Board Approves Settlement Terms Ending Amateurism
The NCAA board of governors voted to approve an antitrust litigation settlement. The deal effectively ends amateurism and may spark legal challenges.
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The NCAA’s board of governors voted Wednesday evening to accept the settlement term sheet that—if it becomes a finalized agreement approved by U.S. District Judge Claudia Wilken, and if it withstands potential legal challenges—would resolve antitrustlitigations in which college athletes argue they are owed compensation for money they could have earned in video games and broadcasts, and through their name, image and likeness.
The ACC, Big 12 and Big Ten voted to approve the settlement term sheet earlier in the week. Still left are the SEC and the Pac-12, which are expected to vote and approve it as soon as Thursday.