Current:Home > FinanceLatest class-action lawsuit facing NCAA could lead to over $900 million in new damages -Edge Finance Strategies
Latest class-action lawsuit facing NCAA could lead to over $900 million in new damages
View
Date:2025-04-18 16:28:06
The NCAA and its Power 5 conferences could be facing more than $900 million in additional damages as a result of a class-action lawsuit seeking academic achievement payments to athletes dating back to the 2019-2020 school year.
The suit — filed in April 2023 — followed a ruling upheld by the Supreme Court in 2021 in the case of former West Virginia football player Shawne Alston that prevents the NCAA from having limits on the education-related compensation athletes can receive from their schools.
The new figure was included in a filing by the NCAA late Wednesday night in the latest lawsuit involving former Oklahoma State running back Chuba Hubbard, The association cited an expert for the plaintiffs, who estimated that college athletes would be owed $313 million for the four calendar years (three academic years) before the Alston ruling went into effect.
The four-year reach-back from filing date is allowed under federal antitrust law. Also, if an antitrust case goes to a jury verdict, damages are tripled. In this instance, that would result in an award of $939 million.
The NCAA is arguing that the Hubbard case should not be granted class-action status because the "highly varied and diverse ways in which ... schools implemented Alston awards present inherently individualized issues." It draws a distinction between those and the class-wide damages that are mostly uniform and can be determined in a manageable way.
Added to possible damages from another pending case, the NCAA and its largest conferences could be on the hook for a total of $5.1 billion.
The Hubbard case and the other pending case are proceeding in U.S. District Court in the Northern District of California’s Oakland Division. That's the same venue through which other antitrust suits against the NCAA related to college-athlete compensation have proceeded over the past 14 years. In the two cases that have gone to trial there before Judge Claudia Wilken, the NCAA has been found in violation of antitrust law.
veryGood! (5)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Police investigate report of doll found decapitated at Ohio home flying Palestinian flag
- Former Indiana sheriff accused of having employees perform personal chores charged with theft
- Chase on Texas border that killed 8 puts high-speed pursuits in spotlight again
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- 16 Amazing Sales Happening This Weekend You'll Regret Missing
- Wildlife refuge pond in Hawaii mysteriously turns bright pink. Drought may be to blame
- Nevada men's basketball coach Steve Alford hates arena bats, Wolf Pack players embrace them
- Rylee Arnold Shares a Long
- Jerome Powell's fed speech today brought interest rate commentary and a hot mic moment
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Feeling crowded yet? The Census Bureau estimates the world’s population has passed 8 billion
- Portugal’s president dissolves parliament and calls an early election after prime minister quit
- Apple to pay $25 million to settle allegations of discriminatory hiring practices in 2018, 2019
- This was the average Social Security benefit in 2004, and here's what it is now
- Partial list of nominees for the 66th Grammy Awards
- From loons to a Lab.: Minnesota's state flag submissions do not disappoint
- Tuohy family paid Michael Oher $138,000 from proceeds of 'The Blind Side' movie, filing shows
Recommendation
Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
Maryland woman wins over $200,000 from Racetrax lottery game after husband criticizes her betting strategy
Unprecedented surge in anti-Arab, anti-Muslim bias incidents reported in U.S. since Israel-Hamas war, advocacy group says
Poland’s opposition party leaders sign a coalition deal after collectively winning election
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Southern Charm: You Won't Believe Why Taylor Ann Green Slept With Ex Shep Rose
French far-right leader Marine Le Pen raises a storm over her plan to march against antisemitism
Dua Lipa Shows Off Her Red-Hot Hair With an Equally Fiery Ensemble