After earlier version nixed, House settlement wins judge's preliminary approval -
needle - 10-07-2024
This is the thing that's either going to save college sports or kill it (depending on who you ask) by allowing schools to directly pay players:
Quote: U.S. District Judge Claudia Wilken released an order setting a timeline for a deal that would put millions of dollars into the pockets of college athletes, who can begin applying for payment on Oct. 18.
A final hearing is set for April 7, 2025, the day that one of college sports’ biggest moneymakers, March Madness, comes to a close with college basketball’s national title game. If finalized, the deal would allow the biggest schools to establish a pool of about $21.5 million in the first year to distribute money to athletes through a revenue-sharing plan. Athletes would still be able to cut name, image and likeness deals with outside groups.
https://apnews.com/article/ncaa-college-sports-nil-pay-players-b7b87c81f44ac6e32955ef89e61ca893