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NCAA agrees to historic $209M settlement over scholarship shortages

DF1972

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Nov 1, 2006
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http://www.espn.com/college-sports/...istoric-209m-settlement-scholarship-shortages

The NCAA and 11 major athletic conferences announced Friday night that they have agreed to pay $208.7 million to settle a federal class-action lawsuit filed by former college athletes who claimed the value of their scholarships was illegally capped.

The settlement still must be approved by a judge and it does not close the antitrust case. The NCAA said in a statement the association and conferences "will continue to vigorously oppose the remaining portion of the lawsuit seeking pay for play."

The settlement will be fully funded by NCAA reserves, the association said. No school or conference will be required to contribute

I wonder where UNC's possible fine by the NCAA COI will go?;)
 
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