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NCAA Settlement: College Players Allowed Direct Payments
The chapter explores the recent NCAA settlement allowing college players to be paid directly for the first time, breaking away from the traditional emphasis on amateurism. It details the lawsuit's origin, the $2.7 billion settlement to compensate former athletes, and the implications for college football and March Madness revenue. The conversation also delves into the financial burdens on schools, potential investment in college sports, and the uncertainties and opportunities shaping the future of collegiate athletics.