If you are a college student athlete in a major conference, you could soon be making some serious money. The NCAA and five power conferences, which are the ACC, the Big Ten, Big 12, PAC-12, and the SEC have all agreed to settle three antitrust lawsuits, which has paved the way for colleges to start paying student athletes for the very first time.
According to ESPN, over 10 years, more than $2.7 billion will be split among more than 10,000 current and former athletes dating back to 2016. Each college can share about $20 million with its athletes per year. However, this still needs approval by a judge and possibly Congress.
