The NCAA and the power conferences have formally filed settlement documents that outline their plans for paying former and current athletes.
The NCAA and the five conferences with autonomous decision-making power (ACC, Big Ten Conference, Big 12, Pac-12 and SEC) announced Friday that they filed documents with the Northern District Court of California to settle three class-action lawsuits against the NCAA – House v. NCAA, Hubbard v. NCAA and Carter v. NCAA – and create a model that will pay damages to former athletes and share revenue with current athletes.
As previously announced by NCAA president Charlie Baker, the settlement will pay $2.