What are next steps in NCAA’s $2.8 billion settlement becoming reality?

Irwin Kishner, co-chair of Herrick's Sports Law Group and co-chair of Herrick's Corporate Department, spoke with The Athletic about the landmark settlement of antitrust cases facing the NCAA and the challenges made to the distribution of the $2.8 billion in damages to the claimants. The settlement also includes a revenue sharing plan allowing schools to start directly paying players. Among the challenges to the settlement, as reported by the article, include potential Title IX violations as well as roster limits.

According to the article, the judge is likely to approve the settlement, "though the terms are ripe for subsequent litigation even after the approval." The article reports that "Schools and conferences are moving on plans to implement revenue sharing, with some starting to sign athletes to revenue-sharing agreements."

“My strong sense is that when it gets to this level, way more matters are closed, in the sense of they go forward as opposed to they blow up,” said Irwin.  “It’s not unheard of, but I think if you’re looking at the percentages, it seems to me there’s a real desire in the political situation to sort of make this happen.”

Read the full article in The Athletic here. Access may require a subscription.