House v. NCAA was filed by former Arizona collegiate swimmer Grant House, challenging a decades-old prohibition on schools cutting checks directly to athletes.

(Reuters) -A U.S. judge on Friday granted final approval to a $2.8 billion settlement with the National Collegiate Athletic Association that will allow schools for the first time to compensate student athletes for past and future commercial use of their names,

A federal judge approved a $2.8 billion settlement in the case known as "House vs. NCAA," ruling that NCAA schools can share $20 million of their revenues with players.