In the latest development from the antitrust class-action lawsuit filed against the NCAA regarding potential compensation allegedly denied to student-athletes, Judge Claudia Wilken of the U.S. District Court for the Northern District of California granted preliminary approval to the parties’ settlement. If finalized, the settlement would grant $2.78 billion to thousands of college athletes over the next decade, and schools would have the discretion to share approximately 22% of revenue with student-athletes.
Background
As covered in our previous alert, House v. NCAA consolidated two cases filed by Division I college athletes (at Arizona State University, the University of Oregon, and the University of Illinois, respectively), alleging that the current NCAA rules are anti…
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