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A federal judge granted the final approval on Friday to the $ 2.8 billion agreement that will allow schools and universities to start paying directly to athletes.
Judge Claudia Wilken approved the agreement on Friday that will allow schools to pay their athletes next month.
The radical terms of the so -called Chamber Agreement include the approval of each school to share up to $ 20.5 million with athletes during the next year and $ 2.7 billion that will be paid during the next decade to thousands of former players who were prohibited from those income for years.
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A federal judge signed on Friday in the $ 2.8 billion agreement between university athletes and NCAA, clearing the way for schools to begin to pay their athletes. (Mitchell Layton/Getty images)
Payments will be determined according to sport and the duration of the athletic race, With most football And male basketball players capable of receiving almost $ 135,000 each.
However, the highest estimated payment is expected to be almost $ 2 million, thanks to the “lost dating opportunities,” according to the law firm.
Almost five years after the swimmer of the state of Arizona Grant House sued the NCAA and its five largest conferences to raise the restrictions on income exchange, Wilken approved the final proposal that had been hung in the limits of the list, only one of the many changes ahead in the middle of the concerns that thousands of walking athletes will lose their opportunity to play university sports.
The agreement covers three antitrust cases, including the collective claim known as House against the NCAA, which questioned the compensation rules of the NCAA dating from 2016. The plaintiffs said that the rules of the NCAA denied thousands of athletes the opportunity to gain millions of dollars of the use of their names, images and pretensions.
A logo of the NCAA’s official game ball is seen in a basketball before the basketball game of the National Championship of Division II of the NCAA between the Mavericks of the State of Minnesota and the sharks of the southeast of Nova on March 30, 2024, in the Ford Center in Evansville, Indiana. (Michael Allio/Icon Sportswire through Getty Images)
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The NCAA raised its prohibition that athletes win money through sponsorship and sponsorship agreements in 2021.
At one point, President Donald Trump was considering an executive order to regulate the name, image and image in university sports after meeting with the legendary Alabama Crimson Tide coach, Nick Saban, Wall Street Diary reported.
In Pak Gazette last year, Saban urged Congress to intervene and make him void “the same in all areas.”
“And I think that should still exist for all players, but not just a game payment system as we have done now, where who collects the greatest amount of money in their collective can pay more for the players, which is not a leveling playing field. I think that in any competitive place, you want to have some guidelines that provide everyone to have the opportunity to succeed,” he said.
President Donald Trump shakes hand to the legendary Alabama football coach, Nick Saban, before giving a special graduation speech to graduates from the University of Alabama in Coleman Coliseum. Graduation occurs during the weekend. (Gary Cosby Jr.-Tuscaloosa News)
The agreement also requested a place of compensation to ensure that any null agreement for a value of more than $ 600 is linked to the fair market value in an attempt to frustrate alleged payment agreements per game.
