[ad_1]
Attorneys for plaintiffs in a federal antitrust lawsuit against the NCAA that are not part of the recent $2.78 billion settlement agreement filed a motion Friday asking a judge to deny preliminary approval of the deal.
Attorneys in Fonnet v. NCAA, which was filed in a Colorado district court, said the three antitrust lawsuits facing the association and the five major conference contracts are being settled for “just pennies on the dollar.”
The NCAA, Atlantic Coast Conference, Big Ten, Big 12, Pac-12 and Southeastern Conference agreed in May to pay billions in damages to former and current college athletes who were denied the ability to earn money from their names, images and likenesses. From 2016.
A preliminary approval hearing is scheduled for Sept. 5 before U.S. Judge Claudia Wilken in the Northern District of California.
Former Colorado football player Alex Fontenot filed his lawsuit last November, claiming that NCAA rules illegally prevented college athletes from earning their fair share of the millions of dollars in revenue the school brings in.
Attorneys for the plaintiffs in the House case requested that Fontenot v. NCAA be joined with the California cases that are part of the settlement, but a Colorado judge denied the request in May.
The settlement also includes plans to allow schools to implement a revenue-sharing arrangement with athletes and to increase the number of scholarships schools will be allowed — though not required — to hand out in most Division I sports. Scholarship limits will be replaced by roster caps.
Earlier this week, attorneys representing Fontenot filed another lawsuit against the NCAA on behalf of the former college baseball player.
Former TCU player Riley Cornelio claimed the scholarship limit allowed the NCAA and conferences to set wages. The lawsuit is seeking class-action status.
[ad_2]
