Undefeated Western Michigan In Bowl Game Negotiations UH Regents Chair Blasts Big 12 Expansion Process Liberty's Hire Of McCaw Kept Secret Within School Liberty Univ. Hires Former Baylor AD Ian McCaw Texas Hires Houston's Herman As Football Coach Rutgers AD Hobbs Discusses First Year On Job USC Draws Lowest Attendance Since '02 Details On Radakovich's New Clemson Deal UCF Alums, Donors Worried About Attendance Syracuse Football Has Second-Lowest Attendance
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).