NCAA Must Pay $46 Million in Class Action Antitrust Suit
A federal judge has ordered that millions must be paid to compensate student athletes in a NCAA lawsuit.
Summary: A federal judge has ordered that millions must be paid to compensate student athletes in a NCAA lawsuit.
On Monday, a federal judge ordered the NCAA to pay close to $46 million in attorneys’ fees and costs to attorneys that represented student-athletes, including Ed O’Bannon, the former UCLA basketball star, in their class action antitrust suit against the sports organization.
Reuters reports that U.S. Magistrate Judge Nathanael Cousins announced the decision late Monday night. Nearly a year had passed since U.S. District Judge Claudia Wilken ruled that the NCAA violated antitrust law by preventing athletes from receiving revenue from the use of their names and images in video games and television broadcasts.
