A federal judge in California on Friday orally granted final approval to a $208.7 million settlement that will compensate tens of thousands of college athletes who received traditional sports scholarships rather than a relatively new version that covers the full cost of attending school, one of the plaintiffs’ attorneys told USA TODAY Sports…
Speaking after a hearing that U.S. District Judge Claudia Wilken held in Oakland, attorney Steve Berman said about 43,000 current and former athletes will get checks from the settlement, and they will do so without having to file a claim form. Although 11 major conferences are co-defendants, the NCAA has said all of the money in the settlement pool will come from the association’s financial reserves.
The math works out to a check of about $6000 to “scholarship athletes in Division I men’s basketball, Division I women’s basketball or the Football Bowl Subdivision whose award was limited by NCAA rules to basically tuition, room, board, books and fees”, and if you’re wondering…
Athletes who have remaining NCAA eligibility when they receive a check will be able to accept the money without any impact on their eligibility.
This, no doubt, will mean the end of college athletics as we know it. I mean, Title IX, player jealousy and teenagers spending NCAA money on tats and video games can only lead to chaos, amirite?
The remarkable part of this is that Berman’s gotten his clients millions from the NCAA and still has his bigger gun cocked and ready to fire.
The deal wraps up the damages portion of a suit that, along with another case, is still seeking to upend the NCAA’s new compensation limits altogether…
“I’m thrilled with how this came out, and we’ve saved the best for the next trial,” Berman said, referring to the quests for an injunction against the compensation limits that currently is going through bids from the plaintiffs and the NCAA for a summary judgment ruling by Wilken.
More realistically, those efforts come down to the NCAA trying to get the cases dismissed and the plaintiffs trying to move the cases to trial. “One hundred percent we will get there,” Berman said.
I assume Stacey Osburn has no comment.