Formal Documents Filed To Advance Approval Process Of NCAA Settlement

The settlement documents address three cases involving back damages and future benefits for Division-1 student athletes.

Formal documents were filed to advance the settlement approval process in class-action lawsuits involving the NCAA.

The settlement documents address three cases involving back damages and future benefits for Division-1 student athletes.

The settlement calls for total back damages of nearly $2.78 billion. It also addresses payment of back damages for claims relating to Name, Image and Likeness or NIL, academic-related awards and other benefits, increased benefits from institutions to student-athletes going forward, including additional NIL opportunities for student-athletes directly with the institution, and eliminating scholarship limits in favor of roster limits.

The settlement must now be approved by the court before it becomes final.