University of Kentucky Athletics and AD Mitch Barnhart have given an update on Friday’s House settlement ruling.
As a result of Friday’s ruling, schools are now free to begin paying their athletes directly.
Also, the NCAA will pay approximately $2.8 billion in back damages over the next 10 years to athletes who competed in college at any time from 2016 through now.
Here is a letter about the ruling from Barnhart:
On Friday, the settlement in the House v. NCAA, Hubbard v. NCAA and Carter v. NCAA cases (collectively, “the House case”) was granted final approval by the United States District Court for the Northern District of California.