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NCAA releases details of proposed $2.78 billion settlement with former athletes

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NCAA releases details of proposed .78 billion settlement with former athletes

The NCAA and its power-five conferences filed a plan to pay out nearly $3 billion to former athletes in a settlement of an antitrust class-action lawsuit.

The proposed deal also paves the way for schools to directly compensate athletes while attempting to regulate payments from boosters.

“NCAA college athletes have waited decades for this moment, and their right to receive the full value of their hard work has finally arrived,” said Steve Berman, managing partner and co-founder of the Hagens Berman law firm. “We are incredibly proud to be in the final stages of historic change.”

Trophy and banner displayed during the NCAA Division III Women’s Ice Hockey Championship at Kenyon Arena on March 19, 2022, in Middlebury, Vermont. (Nancie Battaglia/NCAA Photos via Getty Images)

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“College athletes will finally be able to share in the billions of dollars their compelling stories and dynamic performances have generated for their schools, conferences, and the NCAA,” the filing said. “This is nothing short of a seismic change to college sports following more than four years of hard-fought victories in this case.”

The $2.78 billion would be paid out over a 10-year period. Payouts will be determined based on the sport and length of athletic career, with most football and men’s basketball players able to receive nearly $135,000 each.

However, the highest estimated payout is expected to be nearly $2 million, thanks to “Lost NIL Opportunities,” according to the law firm.

A view of NRG Stadium as Nathan Mensah, #31 of the San Diego State Aztecs, and Adama Sanogo, #21 of the Connecticut Huskies, jump for the ball to start the game during the NCAA Men’s Basketball Tournament National Championship game at NRG Stadium on April 3, 2023, in Houston, Texas. (Logan Riely/Getty Images)

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The deal covers three antitrust cases — including the class-action lawsuit known as House vs. the NCAA — that challenged NCAA compensation rules dating to 2016. The plaintiffs claimed that NCAA rules denied thousands of athletes the opportunity to earn millions of dollars off the use of their names, images and likenesses.

The NCAA lifted its ban on athletes earning money through endorsement and sponsorship deals in 2021.

The agreement does not settle the issue of whether college athletes should be deemed employees, but it does include language that would suggest the deal would be subject to change if “a change in law or circumstances permits collective bargaining.”

“This settlement is an important step forward for student-athletes and college sports, but it does not address every challenge,” the commissioners of the Atlantic Coast Conference, Big Ten, Big 12, Pac-12, Southeastern Conference and NCAA President Charlie Baker said in a joint statement. “The need for federal legislation to provide solutions remains. If Congress does not act, the progress reached through the settlement could be significantly mitigated by state laws and continued litigation.”

The NCAA logo shown on the basket pad before the Second Round NCAA Men’s Basketball Tournament game between the Marquette Golden Eagles and the Colorado Buffaloes at Gainbridge Fieldhouse on March 24, 2024, in Indianapolis, Indiana.  (Mitchell Layton/Getty Images)

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The filing still needs to be approved by a judge, but attorneys say they will file a motion for preliminary approval and, if granted, a public website will go up in about two months, where former college athletes can determine how much they are eligible to receive.

The Associated Press contributed to this report.

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Ole Miss staffer references Aaron Hernandez while discussing ‘chaotic’ coaching complications with LSU

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Ole Miss staffer references Aaron Hernandez while discussing ‘chaotic’ coaching complications with LSU

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The chaos between LSU coaches who left Ole Miss alongside Lane Kiffin but are still coaching the Rebels in the College Football Playoff is certainly a whirlwind.

Joe Judge, Ole Miss’ quarterbacks coach, has found himself in the thick of the drama — while he is not headed for Baton Rouge, he’s had to wonder who he will be working with on a weekly basis.

When asked this week about what it’s like to go through all the trials and tribulations, Judge turned heads with his answer that evoked his New England Patriots days.

 

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Aaron Hernandez sits in the courtroom of the Attleboro District Court during his hearing. Former New England Patriot Aaron Hernandez has been indicted on a first-degree murder charge in the death of Odin Lloyd in North Attleboro, Massachusetts, on Aug. 22, 2013. (Jared Wickerham/Getty Images)

“My next-door neighbor was Aaron Hernandez,” Judge said, according to CBS Sports. “I know this is still more chaotic.”

Hernandez was found guilty of the 2013 murder of Odin Lloyd, which occurred just three years into his NFL career.

“If you watch those documentaries, my house is on the TV next door,” Judge added. “The detectives knocked on my door to find out where he was. I didn’t know. We just kind of talked to the organization. But it was obviously chaotic.”

Aaron Hernandez was convicted of the 2013 murder of semipro football player Odin Lloyd. (REUTERS/Brian Snyder)

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Judge, though, was able to compare the two situations to see how players can combat wild distractions.

“Those players that year handled that extremely well. Came out of that chaos, and we had some really good direction inside with some veterans and some different guys. You have something like that happen — how do you handle something like that? How do you deal with something like that? So you keep the focus on what you can handle, what you can control, which at that time was football for us, and we went through the stretch, and we were able to have success that year,” Judge said.

Judge also compared this scenario to the 2020 NFL season when he was head coach of the New York Giants, saying he would have “no idea” who would be available due to surprise positive COVID-19 tests.

Head coach Joe Judge of the New York Giants looks on during the second quarter against the Dallas Cowboys at MetLife Stadium. The game took place in East Rutherford, New Jersey, on Dec. 19, 2021. (Sarah Stier/Getty Images)

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The Rebels face Miami in the Fiesta Bowl, the College Football Playoff Semifinal, on Thursday night.

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Prep talk: Calabasas basketball team is surging with 11 wins in last 12 games

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Prep talk: Calabasas basketball team is surging with 11 wins in last 12 games

Calabasas pulled off a huge win in high school basketball on Tuesday night, handing Thousand Oaks its first defeat after 16 victories in a Marmonte League opener.

The Coyotes (13-5) have quietly turned around their season after a 2-4 start, winning 11 of their last 12 games.

One of the major contributors has been 6-foot-3 junior guard Johnny Thyfault, who’s averaging 16 points and has become a fan favorite because of his dunking skills. He also leads the team in taking charging fouls.

He transferred to Calabasas after his freshman year at Viewpoint.

As for beating Thousand Oaks, coach Jon Palarz said, “We got to play them at home and had great effort.”

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This is a daily look at the positive happenings in high school sports. To submit any news, please email eric.sondheimer@latimes.com.

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Hawks trade 4-time All-Star Trae Young to Wizards in blockbuster deal: reports

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Hawks trade 4-time All-Star Trae Young to Wizards in blockbuster deal: reports

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The Atlanta Hawks have parted ways with four-time NBA All-Star point guard Trae Young, trading him to the Washington Wizards in a blockbuster move, according to ESPN.

The Hawks will reportedly be receiving veteran shooting guard CJ McCollum and forward Corey Kispert in the deal. 

Washington was Young’s preferred destination, and the two sides were working on a deal to get the 27-year-old point guard to the nation’s capital.

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Trae Young of the Atlanta Hawks looks on during the game against the Boston Celtics during Round 1 Game 6 of the 2023 NBA Playoffs on April 27, 2023 at State Farm Arena in Atlanta, Georgia.   ( Adam Hagy/NBAE via Getty Images)

Young’s agents were having conversations with the Hawks, who sit at 17-21 so far this season, about trading their client out of Atlanta.

There is a mutual connection in Washington, too, as executive Travis Schlenk drafted Young fifth overall in 2018 out of Oklahoma.

It marks the end of an era for the Hawks. Young has been the focal point of their offense since he was taken in that draft. He is the team’s career leader in three-pointers and assists, having led the team to the postseason in three of his eight seasons. The Hawks went the furthest in 2021, where they made the Eastern Conference Finals.

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However, the new era was brewing already in Atlanta, with forward Jalen Johnson taking the next step in his career, averaging 23.7 points per game this season. The pickup of Nickeil Alexander-Walker also helps, as he’s averaged 20.5 points per game in 36 appearances.

Meanwhile, Young has played just 10 games this season, as he’s been dealing with leg injuries, most notably a right MCL sprain.

Trae Young #11 of the Atlanta Hawks looks on after the game against the Boston Celtics during Round One Game Five of the 2023 NBA Playoffs on April 25, 2023 at the TD Garden in Boston, Massachusetts. (Brian Babineau/NBAE via Getty Images)

The Hawks also get some flexibility on their books, as they could make some more moves. Anthony Davis is reportedly available from the Dallas Mavericks, making him a good target for Atlanta.

Young has $95 million remaining on his deal that runs through the 2026-27 season, which includes a player option this offseason.

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Atlanta will be taking on McCollum’s contract, though the veteran guard has a $30.6 million expiring deal.

Through his 10 games this season, Young is averaging 19.2 points, 8.9 assists and 1.5 rebounds per game, while shooting 41.5% from the field.

Trae Young of the Atlanta Hawks drives down the court during the first half against the Philadelphia 76ers at State Farm Arena on April 7, 2023 in Atlanta, Georgia.  (Todd Kirkland/Getty Images)

Over his career, Young has dropped 25.2 points and 9.8 assists per game, while leading the league in the latter category last season with 11.6 per contest.

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