Judge approves $2.8B settlement, paving way for US colleges to pay athletes millions

A federal judge has approved a landmark settlement allowing colleges to pay athletes millions, marking a major shift in college sports’ amateur model. The agreement, stemming from a lawsuit by Arizona State swimmer Grant House, permits each school to share up to $20.5 million with athletes annually and allocates $2.7 billion over the next decade to former players. This ruling also addresses roster limits, enabling athletes cut from teams to return without affecting team limits, fundamentally transforming revenue dynamics in collegiate athletics.

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