The Associated Press
The NCAA and Big Ten Conference leadership approved a $2.8 billion settlement of antitrust claims Wednesday, moving college athletics closer to some of the most sweeping changes in its history.
The proposal could resolve three major antitrust lawsuits against the NCAA that carry the threat of billions in damages, a blow that would cripple the organization founded in 1906 that oversees some 500,000 athletes in dozens of sports.
If approved by a judge, it would further upend the NCAA’s longstanding amateur sports model by allowing revenue-sharing by schools with their athletes, who were allowed to begin earning endorsement money less than three years ago.
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