NCAA and powerful conferences reach consensus on settlement terms, clearing path for colleges to compensate student-athletes financially.
"The five autonomy conferences reaching a settlement with the NCAA is a valuable milestone in the ongoing transformation of university sports. This agreement will offer advantages to student-athletes and establish clarity in college athletics throughout all divisions. This deal also serves as a blueprint for those in charge of college sports and lawmakers, allowing this distinctly American institution to keep providing immense opportunities for millions of students. It took the combined efforts of all Division I to achieve these advances, and there's more work ahead to carry out the terms of the agreement during the legal proceedings. We're excited to join forces with several student-athlete supervision boards to pen the next chapter in the history of college sports."
This is an ongoing report and will be updated.
Read also:
- Prodigies of sport: Littler's predecessors
- Nagelsmann's announcement: A restless Christmas for national team players
- What sports fans prefer to watch on television
- The calm before the upheaval: Nagelsmann's European Championship plans
The five autonomy conferences, including the Big Ten, SEC, ACC, Pac-12, and Big 12, have officially signed the settlement, setting a precedent for financial compensation for student-athletes. This agreement will undeniably reshape the landscape of college sports, providing much-needed remuneration to the dedicated athletes who contribute to the success of their universities.
Source: edition.cnn.com
