The federal class-action antitrust lawsuit claims the athletes lost out on more than $50 million during their college careers because of the association’s now-lifted ban on athletes being compensated for name, image and likeness.
U.S. District Judge Claudia Wilken did not rule on the request to grant preliminary approval of the deal. She told the NCAA and plaintiffs to “go back to the drawing board” to address issues she raised and report back to her in three weeks with solutions.
The National College Players Association said it is against the proposed $2.8 billion settlement agreement of antitrust litigation facing the Indianapolis-based NCAA and major college conferences.
According to a person with knowledge of the situation, members of the team had set up a makeshift, internal sportsbook where athletes could wager on the times posted by themselves or teammates at meets.
The third annual Indy Classic will feature the men’s basketball programs of Purdue University playing Texas A&M University and Butler University taking on the University of Wisconsin at Gainbridge Fieldhouse.
Women’s basketball is valued at $65 million per tournament under its new media rights deal—roughly 10 times more than in the contract that ends this year.
For some, it looks like an overstep by the NCAA. Others see ample precedent in professional leagues to support regulating NIL.
Three years into the new age of college sports, where athletes are allowed to profit from their successes through name, image and likeness deals, everyone is still trying to find out what the new normal will be.
The NCAA along with the Atlantic Coast Conference, Big Ten Conference, Big 12, Pac-12 and Southeastern Conference agreed on May 23 to the framework of a $2.77 billion settlement of multiple antitrust lawsuits that were challenging limits on college athlete compensation.
Indianapolis is already set to host the NIT semifinals and final in 2026, along with the NCAA Division I, II and III men’s title games.
The court, in the latest challenge to the Indianapolis-based NCAA’s long-held notion of “amateurism” in college sports, said a test should be developed to differentiate between students who play college sports for fun and those whose effort “crosses the legal line into work.”
Any penalties currently being served by student-athletes who previously tested positive for cannabinoids will be discontinued.
Many Division I schools expect their athletic budgets to be stressed by the House v. NCAA settlement, which would require back damages of $2.77 billion to be paid over 10 years to athletes.
Scholarships are not going away in college athletics, but how many there are and which sports they will apply to in coming years are among the many questions stemming from a mammoth antitrust settlement and athlete revenue-sharing plan proposed by the Indianapolis-based NCAA and its five largest conferences.
The settlement could resolve three major antitrust lawsuits against the NCAA that carry the threat of some $20 billion in damages, a blow that would cripple the organization. The settlement includes dramatic changes to the NCAA’s amateur sports model.
A deadline looms next week for the NCAA and major conferences to agree to a deal that could cost billions in damages and set up a groundbreaking revenue-sharing system with college athletes.
The son of legendary IU coach Bobby Knight is coming off a 10-year stint as a scout for the Indiana Pacers, working on the West Coast.
The Protect The Ball Act is intended to provide legal safe harbor for the entities that run college sport, which has been under siege from antitrust lawsuits.
A settlement being discussed in an antitrust lawsuit against the Indianapolis-based NCAA and major college conferences could cost billions and pave the way for a compensation model for college athletes.
The Indianapolis-based NCAA fast-tracked rule changes to fall in line with a recent court order.
