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View Full Version : NCAA proposes $209MM Class Action settlement; Players will see $6K



RenoZag
02-04-2017, 10:25 AM
From ESPN: http://www.espn.com/college-sports/story/_/id/18616780/ncaa-agrees-historic-209m-settlement-scholarship-shortages


The NCAA and 11 major athletic conferences announced Friday night that they have agreed to pay $208.7 million to settle a federal class-action lawsuit filed by former college athletes who claimed the value of their scholarships was illegally capped. . .The case was later combined with other lawsuits and covers Division I men's and women's basketball players and FBS football players who competed from 2009 to 2010 through 2016 to 2017 and did not receive a cost-of-attendance stipend.


Each member of the class will receive approximately $6,000, said Steve Berman, lead attorney in the case.

"This is a historic settlement for student-athletes and there is more to come as the second part of the case seeks injunctive relief that will force the NCAA to pay student-athletes a fair share," Berman told AP in a text message Friday night.

The NCAA said in its statement that the agreement maintains cost of attendance as "an appropriate dividing line between collegiate and professional sports." The statement also said the NCAA and conferences "only settled this case because the terms are consistent with Division I financial aid rules."

Ramogi Huma, executive director of the National College Players Association, said the settlement lays the groundwork for a full challenge to the NCAA's capping of player compensation at the cost-of-attendance value of a scholarship.