No Current Wait List For Michigan CFB Tickets Cal AD: Aussie Football Opener A "No Brainer" Hart's Retirement To Cost Tennessee $645,454 Chattanooga AD The Favorite For Tennessee? Pitt Football Breaks Season-Ticket Sales Record Tennessee AD Dave Hart To Retire In '17 Illinois AD Looks To Boost Entertainment Value Hawaii To Earn More Than $400K For Australia Game Packers To Pay Wisconsin $3M For Playing At Lambeau Coastal Carolina Starting To Realize CWS Impact
NCAA APPROVES $54.5M SETTLEMENT IN RESTRICTED EARNINGS CASE
Published April 22, 1999
The NCAA Exec Committee has approved the recommended payment plan in the restricted earnings case settlement for $54.5M that will compensate coaches whose earnings were illegally restricted. The Exec Committee's action was to approve use of NCAA-wide reserves totalling $18.25M to help reduce the allocation of payment. The remaining $36.25M will be assumed by the Div. I member schools. Payments from these schools will range from about $80,000 for the smaller ones to around $200,000 for the larger ones (NCAA).