During the next decade, they'll also have to pay a portion of the $2.8 billion in damages to former college athletes that was agreed upon in the settlement. At San Diego State, for instance, $20 million would account for one-third of the school's athletics revenue in 2023. At San José State, it would represent more than half of the school's athletics revenue. "That disparity [in college football] was already as big as the Grand Canyon. College leaders will then debate details of a new model for college athletics.

Source: Los Angeles Times July 23, 2024 10:04 UTC