Assuming that a certain attorney who’s been holding things up gets her head out of her derriere, the other shoe from Alston is about to drop.
A three-judge panel of the 9th U.S. Circuit Court of Appeals on Wednesday came closer to clearing the way for more than 50,000 current and former college athletes to finally receive their shares of a $208.7 million legal settlement with the NCAA and 11 major conferences concerning the association’s current compensation limits…
The plaintiffs’ lawyers have developed a list of roughly 53,000 football, men’s basketball and women’s basketball players who are set to get some share of the settlement money, according to Wednesday’s ruling. Those who played their sport for four years will get an average of about $6,000 apiece, the ruling said.
The reason the players are about to receive settlement relief: “The damages settlement covers scholarship athletes in Division I men’s basketball, Division I women’s basketball or Bowl Subdivision football whose award was limited by NCAA rules to basically tuition, room, board, books and fees.” In other words, the NCAA directed schools to collude and limit the labor market in violation of federal antitrust law.
And, remember, kids, this is a settlement, so you won’t hear Donald Remy crowing about how this is some sort of vindication for the NCAA.