Perhaps the most consequential week in the history of college athletics has arrived. Amid three antitrust cases, the NCAA and its conferences are fighting over
Amid three antitrust cases, the NCAA and its conferences are fighting over how they’ll fund an estimated $2.8 billion in back pay owed to former student-athletes for the use of their name, image and likeness. According to Yahoo Sports, the Division I Board of Directors approved a framework that requires the NCAA to fund $1.1 billion, or 41% of the total, while schools fund $1.65 billion over a 10-year period through a reduction in school distributions.
The NCAA determined how much each of its 32 Division-I conferences contribute by creating a formula based on the amount of distribution a league earned over a nine-year period starting in 2016, according to documents obtained by Yahoo Sports.
Nonetheless, the Big East and the rest of the non-football conferences weren’t heard. Their alternative solution of having power conferences pay 60% of the damages while non-power leagues pay 40% was considered but ultimately not approved.
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