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NCAA Close to Settling House Litigation for $2.8 Billion - GULP!

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WWW.CBSSPORTS.COM

Despite the landmark settlement nearing, details surrounding roster sizes and Title IX remain unanswered

 

Some of the settlement funds will come from a reduction in CBB and other postseason tournament revenue.  

 

Looking at you, P1G-2.

Edited by Jon Joseph

Sounds like a silver lining to me.

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Lots of details are still to be worked out regarding Title IX, the effect on G5 athletic departments that gross $40M or less every season, roster reductions for football, the hit to nonrevenue sports, will athletes receiving payments be 'employees,' if the athletes are employees will a union be formed to resolve such matters as unrestricted transfers and what will college sports 'management consist of, and whether Congress will provide relief from future antitrust and other litigation.  

 

Hats off to the Power 2 conferences and NCAA president Charlie Baker, for leading the way toward the settlement of House and two other attendant antitrust suits that could have bankrupted the NCAA.

How far back are they planning to go in paying former players?

 

I almost played in 1976....

Man this is turning out to be an expensive divorce.  But you know why divorces are so expensive, right?  They're worth it🤣!

 

 

Edited by noDucknewby

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On 5/23/2024 at 2:13 PM, DanLduck said:

How far back are they planning to go in paying former players?

 

I almost played in 1976....

'How much for a side of ribs?' - Chris Rock

 

'Five dollars.' - Jimmy Brown

 

'How many ribs do I get?' - Rock

 

'Ten.' - Brown

 

'Good, I got 50 cents, give me one rib.' - Rock

 

Sorry, DanL. I don't think the settlement will provide enough for you to buy 1 rib. 😍

 

The settlement covers 2021 forward.

 

 

Edited by Jon Joseph

On 5/23/2024 at 11:26 AM, Jon Joseph said:

'How much for a side of ribs?' - Chris Rock

 

'Five dollars.' - Jimmy Brown

 

'How many ribs do I get?' - Rock

 

'Ten.' - Brown

 

'Good, I got 50 cents, give me one rib.' - Rock

 

Sorry, DanL. I don't think the settlement will provide enough for you to buy 1 rib. 😍

 

The settlement covers 2021 forward.

 

 

Thanks 🤣

Can’t wait to get my check. Hope I live long enough.

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On 5/23/2024 at 2:13 PM, DanLduck said:

How far back are they planning to go in paying former players?

 

I almost played in 1976....

This article says 2016 but I think that 2021 is accurate.

 

WWW.SBNATION.COM

Revenue sharing will more than likely begin in 2025

 

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