Rob Wile is a breaking business news reporter for NBC News Digital.
Could college athletes really start getting paid directly by their schools, ending decades of acrimony over the issue? The NCAA, along with the five largest college athletic conferences, announced Thursday an agreement to settle three antitrust suits brought by college athletes over having been deprived of financial gain by only receiving scholarships in exchange for their play. Here's how it all could work.
'Right now we are in a golden age for those players,' said Darren Heitner, an attorney who specializes in sports law. But it will be left to schools to divvy up exactly which players receive what amount of money — and there are concerns that the financial burden from the settlement agreement could actually hurt the budgets of less lucrative school athletic programs.
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