A multi-billion dollar settlement has paved the way for Power 5 universities to directly pay its student athletes.
The NCAA and its leagues are moving forward with a multibillion-dollar agreement to settle three pending federal antitrust cases. The NCAA will pay more than $2.7 billion in damages over 10 years to past and current athletes, sources told ESPN. Sources said the parties also have agreed to a revenue-sharing plan allowing each school to share up to roughly $20 million per year with its athletes.
That last sentence should shut door on any questions as to why FSU wants out of the ACC.