Thousands of college athletes who received traditional sports scholarships rather than a new version that covers the full cost of attending school will be compensated for the difference under a $208.7 million settlement reached Friday night between the NCAA and plaintiffs in a presumptive class-action antitrust lawsuit against the association and 11 major conferences.
The deal, which must be approved by a federal judge, would be the second-largest legal settlement in the NCAA’s history. Similar litigation in a case led by Stanford football football player Jason White ended in 2008 with an agreement worth just under $230 million.
