logo
153 NCAA rules had to be eliminated to clear the way for the House settlement. Numbers to know

153 NCAA rules had to be eliminated to clear the way for the House settlement. Numbers to know

Associated Press12 hours ago

The groundbreaking case leading to the transformation of college sports in the United States comes nearly five years after Arizona State swimmer Grant House and Oregon basketball player Sedona Prince filed a complaint against the NCAA and the five most powerful conferences alleging they were unfairly being denied of pay for use of their name, image and likeness.
The settlement approved by U.S. District Judge Claudia Wilken resolved three antitrust cases — House vs. NCAA, Carter vs. NCAA and Hubbard vs. NCAA — that became known collectively as the 'House case.'
The class-action lawsuits contended the NCAA, ACC, Big Ten, Big 12, Pac-12 and SEC violated antitrust law by not providing benefits and compensation to athletes and restraining athletes' ability to make money for endorsements and sponsorships.
Incremental gains won by athletes in previous lawsuits against the NCAA set the stage for the House settlement and the all-out professionalization of college sports. A look at key numbers associated with the case:
389,700
Athletes who played an NCAA sport between 2016-24 and could be eligible for back payments
101,935
Class members who submitted a claim form or updated their payment information, which represents approximately 26.2% of the 389,700.
357
Athletes who opted out of the settlement and could pursue their own remedies.
$2.8 billion
Back damages to be paid to current and former college athletes who were denied the opportunity to profit from the use of their NIL rights. The amount will be paid in $280 million installments over 10 years. The NCAA will use reserves and insurance to cover about 40% of the payments. The rest will be covered by the NCAA reducing its annual distributions to Division I schools.
95%
Estimated amount of the $2.8 billion that will be paid in back damages to football and men's and women's basketball players in the power conferences.
$20.5 million
The 2025-26 pool of money each Division I school can distribute in direct payments to athletes beginning July 1. The amount represents 22% of the average revenue generated by each school from the five defendant conferences and Notre Dame.
153
NCAA rules that had to be eliminated to allow schools to provide additional benefits to athletes under the settlement.
$600
All Division I athletes will be required to report to their schools and the Deloitte clearinghouse any and all third-party NIL contracts with a total value of $600 or more, if payment occurs after July 1, 2025. The clearinghouse will determine whether the amount is commensurate with the athlete's fair market value.
$20 billion
The widely accepted estimate by University of San Francisco sports economist Daniel Rascher of additional direct compensation athletes will receive over the next 10 years.
$10 billion
The estimated amount of damages faced by the NCAA and the five conferences if they avoided a settlement and lost at trial.
$475 million
Plaintiffs attorneys' request for legal fees. The figure is based on attorneys receiving 20% of the NIL settlement fund and 10% of the additional compensation settlement fund as well as an injunction relief award of $20 million paid by the defendants. That does not included about $9 million in expenses attorneys are claiming.
___
AP college sports: https://apnews.com/hub/college-sports

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Riley Gaines And Simon Biles Clash Over Trans Athlete Debate
Riley Gaines And Simon Biles Clash Over Trans Athlete Debate

Forbes

time32 minutes ago

  • Forbes

Riley Gaines And Simon Biles Clash Over Trans Athlete Debate

Olympic gymnast Simon Biles and former collegiate swimmer turned-right-wing activist Riley Gaines traded barbs Friday over a transgender softball champion, whom Gaines called a boy before Biles stepped in to defend the player on X, formerly known as Twitter. Biles and Gaines exchanged words on X on Friday. (Photo by LOIC VENANCE/AFP via Getty Images) Gaines, an outspoken critic of transgender athletes in women's sports, pointed out the Minnesota State High School League removed comments from a post showing the winners of a softball state championship, with Gaines insisting the turned-off comments were to 'be expected when your star player is a boy.' Biles responded to Gaines' tweet a few hours later, calling her 'truly sick' and saying her campaigning against transgender athletes was all because she lost a race in college, referring to Gaines' fifth-place tie with trans swimmer Lia Thomas in a NCAA freestyle championship event in 2022. This is a developing story. Check back for updates.

The 2025 MacBook Air Hits Its Lowest Price Ever, Amazon Is Pulling Out All the Stops on Apple
The 2025 MacBook Air Hits Its Lowest Price Ever, Amazon Is Pulling Out All the Stops on Apple

Gizmodo

time36 minutes ago

  • Gizmodo

The 2025 MacBook Air Hits Its Lowest Price Ever, Amazon Is Pulling Out All the Stops on Apple

Apple doesn't typically offer huge discounts on its latest products, and fans have a challenge getting real deals. While Black Friday and Prime Day are being hyped as the best times to buy, biggest discounts can come out of nowhere – especially on online retailers like Amazon. Now, the brand new 2025 MacBook Air 13-inch with the M4 chip and 256GB storage is available at an all-time low price of just $849, which is a 15% discount from the list price of $999. This is a one-time opportunity, considering that the laptop was launched only in March and is already flying off the shelves in most regions. See at Amazon Your Favorite Laptop in 2025 The 2025 MacBook Air is powered by the newest Apple M4 chip, which features a 10-core CPU (with 4 performance cores and 6 efficiency cores) and a high-speed GPU, for effortless multitasking, fast app launching and smooth graphics for everything. The 16GB of unified memory ensures even demanding tasks remain responsive, and the 256GB SSD provides fast storage for your most important files and projects. Apple's latest laptop is also made for Apple Intelligence, which is a personal intelligence service that helps the user write, communicate, and get things done very easily. Featuring advanced privacy protection, Apple Intelligence keeps your information secure and does not even let Apple access it. This level of privacy is a big advantage if you like to maintain confidentiality and have peace of mind. Another selling point is the battery life – with up to 18 hours on one charge. What's more, the 13.6-inch Liquid Retina display is a visual treat with 1 billion colors, deep contrast, precise detail, and sharp text. The MacBook Air also sets the pace in connectivity and convenience: It features two Thunderbolt 4 ports for quick data transfer and external display support, a MagSafe charging port for quick and safe charging, a headphone jack, Wi-Fi 6E for ultra-speedy wireless connectivity, and Bluetooth 5.3. The laptop supports up to two external displays (it doesn't have to be Apple own monitors) which makes it a great choice for home and office productivity environments. Don't hesitate: these sales tend to sell out quickly. See at Amazon

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store