Reuters —The proposed $2.78 billion settlement of the House v. NCAA antitrust case is on hold after U.S. District Judge Claudia Wilken expressed reservations about the terms on Thursday in Oakland, California.
Wilken stated her concern about provisions of the deal that could affect name, image and likeness (NIL) payments to student-athletes.
She also voiced concern that future college athletes might be restricted by the pending revenue agreement, which will last 10 years.
Currently, boosters can provide NIL payments to athletes that essentially serve as salaries.
If they want to face that, it’s a decision they have to make.”The settlement would pay billions of dollars to current and former NCAA athletes.
Persons:
Claudia Wilken, Wilken, “ I’m, ” Wilken, Rakesh Kilaru, Kilaru, we’ve, Jeffrey Kessler, It’s, it’s
Organizations:
Reuters, U.S, ESPN, NCAA
Locations:
Oakland , California