The full settlement agreement of antitrust lawsuits involving the NCAA and college sports’ wealthiest conferences is expected to be filed with a federal court by the end of the week, an attorney for the defendants told The Associated Press on Tuesday.
“I expect that we will file Friday,” said Steve Berman, the Seattle-based attorney of the Hagens Berman law firm.
The NCAA along with the Atlantic Coast Conference, Big Ten, Big 12, Pac-12 and Southeastern Conference agreed on May 23 to the framework of a $2.77 billion settlement of multiple antitrust lawsuits that were challenging limits on college athlete compensation.
In addition to the damages the NCAA will pay out to eligible former and current college athletes from the case known as House v. NCAA, the association and conferences have agreed to a plan to allow schools to share revenue generated by athletics with athletes. Schools will be permitted to divert about $22 million …