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National Collegiate Athletic Association settles class action with student-athletes over use of names, images, likenesses

( May 24, 2024, 01:48 GMT | Official Statement) -- MLex Summary: The National Collegiate Athletic Association has reached an agreement with five athletic conferences for an undisclosed settlement amount in the athletes' class action lawsuit over rules that prohibit student-athletes from being compensated for the commercial use of their names, images and likenesses. According to a joint statement from NCAA President Charlie Baker, Atlantic Coast Conference Commissioner Jim Phillips, Big Ten Commissioner Tony Petitti, Big 12 Commissioner Brett Yormark, Pac-12 Commissioner Teresa Gould, and Southeastern Conference Commissioner Greg Sankey, the settlement is an important step in the continuing reform of college sports and will provide clarity in college athletics across all divisions for years to come. It also "is a road map for college sports leaders and Congress to ensure this uniquely American institution can continue to provide unmatched opportunity for millions of students," the statement said. Statement follows...

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