Former NCAA athletes will receive $2.77B in back compensation after lawsuit settlement
Former athletes in the power conferences will receive nearly $2.8 billion in back damages following the settlement filing for multiple class-action lawsuits in a California federal court on Friday.
Settlement documents for three cases — House v. NCAA, Hubbard v. NCAA and Carter v. NCAA — were filed in the Northern District of California, to the benefit of athletes who participated in the ACC, Big Ten, Big 12, Pac-12 and SEC. The settlement will be distributed over 10 years, approximately $280 million annually.
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