The ncaa will allow athletes with remaining eligibility to receive money from a proposed 40 million settlement of claims related to the alleged use of their names and likenesses in ncaa themed. If you ask to be excluded from the settlement you will not get any money from the settlement and you cannot object to the settlement.
The initial batch of checks was mailed on friday september 27 2019.
How to get money from ncaa lawsuit. There must be additional action taken to help recover individual compensation for the damages sustained. The ncaa s plan limited the number of national television appearances and spread television rights money more equally amongst the member schools. Ncaa grant in aid settlement if you played ncaa division i men s or women s basketball or fbs football between march 5 2010 and march 21 2017 you may be a class member entitled to compensation.
You will not be legally bound by anything that happens in the lawsuit. You may be able to sue or continue to sue the defendants in the lawsuit. A judge ruled against the ncaa on friday night in a federal antitrust lawsuit saying football and basketball players should be permitted to receive more compensation from schools but only if the.
Attorneys acting on behalf of two current college athletes on monday filed a federal antitrust lawsuit against the ncaa and the power five conferences that could substantially increase the tension. Nationally recognized traumatic brain injury firm. The money is from the 208 7 million settlement of one part of a lawsuit against the ncaa and 11 major conferences concerning the association s athlete compensation limits.
For past student athletes it s important to know that there is no compensation available from the class action lawsuit that was filed against the ncaa. This case is more widely known as former west virginia university running back shawne alston s class action lawsuit against the ncaa. Part of this lawsuit had already settled.
Since 2014 alston and later co plaintiffs have argued that the ncaa and its members by agreeing to cap the maximum grant in aid at less than the full cost of attending a college unlawfully conspired to deny. The ncaa agreed to pay more than 200 million to a group of 40 000 ex football men s basketball and women s basketball players who didn t get paid. The plan lead major football schools to form the college football association which negotiated a separate television contract that prompted the lawsuit.