Report: Power 5, NCAA reach historic agreement to pay players

(Photo credit: Marc Weiszer/Athens Banner-Herald / USA TODAY NETWORK)

The SEC and Pac-12 joined the three other power conferences - the Big Ten, ACC and Big 12 - and the NCAA in agreeing on a multi-billion-dollar settlement that would allow schools to directly pay student-athletes for the first time in NCAA history, ESPN reported on Thursday.

"The five autonomy conferences and the NCAA agreeing to settlement terms is an