A Tuesday email from Ivy League executive director Robin Harris addressed to league coaches and student-athletes reported the league would opt out of the revenue-sharing element of a pending $2.8 billion NCAA settlement forged last year aimed at paying athletes a share of the revenue colleges made from their performances.
In May 2024, the NCAA announced a $2.8 billion settlement to cover “back pay” to student-athletes from 2016 to 2024 resulting from lost name, image and likeness (NIL) money.