does anyone else realize that they will also be paying FORMER athletes as well dating back to 2016..totally absurd
Who gets a piece of the $2.78 billion in damages?
Along with the future payments to athletes, the NCAA has agreed to compensate former athletes for the money they might have otherwise made during their career. All athletes who played Division I sports from 2016 through the present are eligible to receive some of that money. The 2016 cutoff date is due to the statute of limitations on antitrust claims.
Football and men's basketball players from power conference schools will be eligible to get an average of $135,000, Berman said. Women's basketball players from power conferences could receive an average of $35,000. The likely payout for athletes from other sports will depend on how many enter claims.
For some, payouts will also be based in part on the athlete's potential earning power had they been able to sign NIL deals while in school. Berman said the highest individual estimated payout for one athlete will be $1.8 million.