If approved, the recent NCAA settlement to resolve antitrust litigation will change college sports as we know it. The $2.75 billion settlement agreement covers three class-action lawsuits filed against the NCAA, claiming that the NCAA’s long-standing prohibition against student-athletes monetizing their athletic abilities violated the Sherman Act and antitrust law.
Karen Weaver, an adjunct assistant professor at Penn GSE, academic director of the Collegiate Athletics Certificate Program, and an expert on college sports and higher education, spoke with Penn Today about how the implications of the settlement.