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All things sporty
November 22, 2018
All things sporty (2)
December 22, 2017
Attorney: NCAA antitrust lawsuits settlement to be filed Friday
The full settlement agreement of antitrust lawsuits involving the NCAA and college sports' wealthiest conferences is expected to be filed with a federal court by the end of the week, an attorney for the defendants told The Associated Press on Tuesday. The NCAA, along with the Atlantic Coast Conference, Big Ten, Big 12, Pac-12 and Southeastern Conference, agreed May 23 to the framework of a $2.77 billion settlement of multiple antitrust lawsuits that were challenging limits on college athlete compensation.
Houston Christian University, a Southland Conference school that has been competing in Division I, has already filed a motion to intervene in the settlement. The school claims schools outside the power conferences will unfairly absorb in inordinate amount of the cost of the damages to be paid out over a 10-year period. Schools in the non-power conferences have argued that more than 90% of the damages will be paid out to football and basketball players who have or are competing in conferences that were named in the lawsuit. The NCAA will pay out the damages from operating costs, reserves, insurance and from withheld distributions to Division I conferences.
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