College sports leaders are considering settling the NIL antitrust case.

The NCAA and its schools are in talks to settle a legal dispute over revenue sharing with athletes. If the plaintiffs win, the NCAA could face billions in damages. Last week, industry leaders met to discuss potential details of a settlement that may involve back pay for former athletes and a new system for revenue sharing. While no deal is yet finalized, progress has been made in recent weeks. The settlement is expected to involve billions in revenue and may require the NCAA and conferences to agree on a system for sharing more money with players going forward. The top-end revenue share per school is anticipated to be around $20 million annually. The idea of revenue sharing stems from a joint advisory group consisting of university presidents/chancellors and athletic directors that was announced in February, aimed at addressing the issue of compensating college athletes for their contributions to the multi-billion-dollar college sports industry.

By Aiden Johnson

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