NCAA

A historic working-class victory was achieved on May 23, when the National Collegiate Athletic Association (NCAA) bosses agreed to settle three federal antitrust cases that were filed by three student athletes. The agreement will allow schools to directly pay student players for the first time in history. In what is known as the “amateurism model,” college athletes have traditionally been excluded from receiving any compensation for their athletic talent, name recognition and labor. The recent settlement is expected to change that super-exploitative practice. The NCAA Board of Governors, as well as the parasitic leaders of its five “power conferences” — the Atlantic Coast Conference (ACC), Big Ten, Big 12, Southeastern Conference (SEC) and Pac-12 — agreed to pay more than $2.8 billion in back pay and damages over the next 10 years to both past and current athletes.