NCAA Agrees to Pay $303M in Settlement with Volunteer College Coaches

The NCAA has agreed to pay $303 million to settle a class action antitrust lawsuit representing about 7,700 volunteer college coaches who alleged the organization engaged in illegal wage fixing under a rule that prohibited schools from paying them.

On average, a coach from Monday’s proposed settlement would receive about $39,200 before expenses and fees, based on the school, sport and years worked, according to the proposed settlement, which is awaiting approval by Judge William B. Shubb in the U.S. District Court for the Eastern District of California.

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