Current:Home > StocksLatest class-action lawsuit facing NCAA could lead to over $900 million in new damages -VisionFunds
Latest class-action lawsuit facing NCAA could lead to over $900 million in new damages
View
Date:2025-04-13 13:55:59
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! (3)
Related
- Average rate on 30
- Climate Change Is Tough On Personal Finances
- In a flood-ravaged Tennessee town, uncertainty hangs over the recovery
- Homelessness is aggravating harm caused by the Phoenix heat, medical personnel say
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Science In The City: Cylita Guy Talks Chasing Bats And Tracking Rats
- Sarah Ferguson Is Not Invited to King Charles III's Coronation
- You've likely been affected by climate change. Your long-term finances might be, too
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Fires scorch France and Spain as temperature-related deaths soar
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Why 100-degree heat is so dangerous in the United Kingdom
- These Towel Scrunchies With 8,100+ 5-Star Reviews Dry My Long Hair in 30 Minutes Without Creases
- Love Is Blind Season 4 Finale: Find Out Who Got Married and Who Broke Up
- The Super Bowl could end in a 'three
- Russia's War In Ukraine Is Hurting Nature
- Jeremy Renner Reunites With Hospital Staff Who Saved His Life After Snowplow Accident
- Mary Peltola, the first Alaska Native heading to Congress, journeys home to the river
Recommendation
$73.5M beach replenishment project starts in January at Jersey Shore
Target's Spring Designer Collections Are Here: Shop These Styles from Rhode, Agua Bendita, and Fe Noel
U.S. says drought-stricken Arizona and Nevada will get less water from Colorado River
Kourtney Kardashian Supports Travis Barker at Coachella as Blink-182 Returns to the Stage
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Heat waves, remote work, iPhones
24-Hour Flash Deal: Get $210 Worth of Philosophy Skincare for Just $69
24-Hour Flash Deal: Save $100 on This Shark Vacuum and Make Your Chores So Much Easier