Documents filed Friday to settle lawsuits against the NCAA include plans to pay former athletes, share revenue with current athletes and create an enforcement mechanism around NIL.
The NCAA and the power conferences have formally filed settlement documents that outline their plans for paying former and current athletes.that they filed documents with the Northern District Court of California to settle three class-action lawsuits against the NCAA – House v. NCAA, Hubbard v. NCAA and Carter v. NCAA – and create a model that will pay damages to former athletes and share revenue with current athletes.
Plaintiffs attorneys released estimates on how they plan to distribute $2.77 billion in back-damages to athletes who played in 2016 to now. The revenue-share cap escalates by 4% in each Years 2 and 3 before recalculating in Year 4 based on increases in P4 revenues. This 3-year cycle will repeat.Though most of the back pay will go to football and men’s basketball players, it remains uncertain whether Title IX will mandate that schools share an equal amount of future revenue with female athletes as male athletes.
The settlement also eliminates scholarship limits for all sports while establishing new roster limits. College football teams will now be limited to 105 players on their rosters, but will be able to give all of them scholarships; men’s and women’s basketball roster sizes will remain at 15 players, but there will no longer be a limit of 13 scholarships for men’s basketball. Schools will have the discretion across all sports to offer both full and partial scholarships.
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