🏀Breaking Down the $2.8 Billion NCAA Settlement: What Parents of Student Athletes Need to Know
Filing Deadline: January 31, 2025
The most terrifying words in the English language are: I'm from the government and I'm here to help.
IMPORTANT DISCLAIMER: While we stay informed about legal matters affecting families, this newsletter is for informational purposes only. We are not attorneys, and this post does not constitute legal advice. Always consult with a qualified legal professional for advice about your specific situation.
Hi Friends! 🐻
Today we're diving into a HUGE settlement that could affect your student athletes: the $2.8 billion NCAA settlement. As moms who've spent countless hours at practices, games, and tournaments, we know how important this is for our young athletes and their futures.
🏆 QUICK BRIEF
Total Settlement Amount: $2.8 billion ($2.776B to be exact)
Claim Deadline: January 31, 2025
Split Into:
House Settlement: $2.576 billion
Hubbard Settlement: $200 million
Who Qualifies: Division I athletes from 2016-2024
📚 UNDERSTANDING THE BASICS
This settlement addresses a major issue in college sports: athletes' rights to earn from their name, image, and likeness (NIL). The lawsuit claimed the NCAA and Power Five Conferences violated antitrust laws by preventing athletes from earning money through:
Endorsements
Media appearances
Use of their name and image
Limited scholarship opportunities
🏫 WHICH SCHOOLS ARE INVOLVED?
Power Five Conferences:
ACC (Atlantic Coast Conference)
Big 12
Big Ten
Pac-12
SEC (Southeastern Conference)
Plus Notre Dame and other Division I schools
✅ ELIGIBILITY CHECKLIST
Your student-athlete may qualify if they:
Competed on a Division I team between June 15, 2016 - September 15, 2024
Were declared initially eligible for Division I competition during this period
Received a full Grant-in-Aid scholarship for specific sports (Football, Men's Basketball, Women's Basketball) at Power Five schools
For Hubbard Settlement: Competed between 2019-2022
💰 PAYMENT DETAILS
The amount varies based on several factors:
Sport played
Years of participation (2016-2024)
Conference membership
Performance statistics
Number of claims filed
Type of compensation (broadcast NIL, video game NIL, athletic services)
📝 HOW TO FILE A CLAIM
Deadline: January 31, 2025
Documentation Needed:
Eligibility center ID (if provided by your school)
Athletic participation records
Scholarship information
Filing Options:
Online claim form at College Athlete Compensation Site
Contact your school's athletics compliance team for assistance
💡 MOM-TO-MOM TIPS
Documentation: Start gathering records NOW - between carpools and homework help, you'll thank yourself later!
School Resources: Reach out to the athletics compliance team - they're there to help!
Stay Organized: Create a dedicated folder for all settlement-related documents
Mark Your Calendar: Set a reminder for January 15, 2025 (two weeks before deadline)
🚫 IMPORTANT WARNINGS
All claims are filed under penalty of perjury
False claims will be rejected
Double-check all information before submitting
🤔 COMMONLY ASKED QUESTIONS
Q: What if my child played at multiple schools? A: Include all Division I participation in your claim
Q: What if we don't have all the records? A: Contact your school's athletics compliance office for assistance
Q: Does this affect current scholarships? A: No, this settlement is separate from current scholarship arrangements
🤝 COMMUNITY SUPPORT
Know other sports moms? Share this information! This settlement could make a real difference for student-athletes and their families. Have questions? Drop them in the comments below.
About Mom Justice: We're a group of professional moms dedicated to sharing important legal information with our community. We believe in making legal information accessible and understandable for busy moms everywhere.
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Remember: This post is for informational purposes only. The settlement details are based on publicly available information. For legal advice, please consult with a qualified attorney in your jurisdiction.
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