Judge approves a 2.8 billion settlement that allows college to pay athletes

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Friday Federal Judge gave final permission to resolve $ 2.8 billion to allow Colleges and universities start paying directly to athletes.

Judge Claudia Wilken approved a settlement On Friday, this will allow schools to pay their athletes next month.

The desktop conditions of the so -called home settlement include permission for each school to share up to $ 20.5 million with athletes over the next year and $ 2.7 billion, which will be paid over the next decade to thousands of former players who have been banned from this income for many years.

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Federal Judge on Friday subscribed to a $ 2.8 billion settlement between college athletes and NCAA, clearing the way for schools to start paying their athletes.

Federal Judge on Friday subscribed to a $ 2.8 billion settlement between college athletes and NCAA, clearing the way for schools to start paying their athletes. (Mitchell Leytan/Getti Image)

Payments will be determined on the basis of sports and duration of sports career, With most football And men’s basketball players can get almost $ 135,000 each.

However, the highest payments are supposed to be nearly $ 2 million thanks to “lost zero capabilities”, the law firm reports.

Almost five years after Arizona state swimmer House sued NCAA and its five largest conferences to deprive the revenue distribution restrictions, Wilken approved the final proposal that was enclosed on the restriction of the register, only one of the many changes forward against the background College.

The transaction covers three cases of antitrust regulation-including claims in the class, known as a house against NCAA-whose challenged NCAA compensation rules for 2016. The plaintiffs claimed that NCAA rules denied thousands of athletes the opportunity to earn millions of dollars from using their names, images and preferences.

NCAA gaming ball

The official Ball Game Ball NCAA logo is viewed on basketball before the NCAA II National Championship between Minnesota, and the South -East Alarus on March 30, 2024 in Evansville, Indiana. (Michael Allio/Icon Sportswire via Getty Images)

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NCAA has canceled a ban on athletes, making money through approval and sponsorship in 2021.

At one point, President Donald Trump considered the executive order to regulate the name, image and similarity in the college after meeting with the legendary coach of Alabama Malinovy ​​Nick, Saban, Wall -Rate Journal reported.

Last year, Fox News Saban urged Congress to enter and make zero “equal throughout the board”.

“And I think it still needs to exist for all players, but not only the payment system, as we have now, if anyone who collects the most money in his team can pay maximum for the players, which is not equal.

Trump and Saban

President Donald Trump shakes his hand by the legendary football coach of Alabama Nick Saban, before speaking a special address to the graduates of Alabama University in Koulman’s Colosseum. The graduate occurs over the weekend. (Harry Kosby Jr.-Tusalos News)

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The settlement also called for clearing to make sure that any NIL deal worth more than $ 600 is tied to a fair market value in trying to disrupt the estimated game deals.

Fox News’ Ryan Gaydas and Associate Press made their contribution to this report.

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