Student-Athletes Seek Preliminary Approval Of $2.5B NIL Settlement

(July 29, 2024, 2:43 PM EDT) -- OAKLAND, Calif. — College athletes who have accused the National Collegiate Athletic Association (NCAA) and five conferences of violating the Sherman Act by restricting compensation for the commercial use of their names, images and likenesses (NIL) filed a motion July 26 in a federal court in California for preliminary approval of a $2,576,000,000 settlement, which the players say will “reshape the economic landscape of college sports.”...