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NCAA, leagues back $2.8B settlement related to athlete pay

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The NCAA and the nation’s five biggest conferences have agreed to pay a nearly $2.8 billion settlement related to athlete pay.

The NCAA and the conferences would pay the funds over 10 years to over 14,000 former and current college athletes who say now-defunct rules stopped them from earning money from endorsement and sponsorship deals, The Associated Press reports.

The agreement must be approved by a federal judge overseeing the case.

Read more from The Associated Press.

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