Current:Home > reviewsLatest class-action lawsuit facing NCAA could lead to over $900 million in new damages -Elite Financial Minds
Latest class-action lawsuit facing NCAA could lead to over $900 million in new damages
View
Date:2025-04-17 14:06:22
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! (8491)
Related
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- We are more vulnerable to tornadoes than ever before | The Excerpt
- ‘One screen, two movies': Conflicting conspiracy theories emerge from Trump shooting
- U.S sanctions accountants, firms linked to notorious Mexico cartel for timeshare scams that target Americans
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Trump has given no official info about his medical care for days since an assassination attempt
- U.S. Navy exonerates Black sailors unjustly punished in WWII Port Chicago explosion aftermath
- Golf's final major is here! How to watch, stream 2024 British Open
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Florida teenager survives 'instantaneous' lightning strike: Reports
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- GOP vice presidential pick Vance talks Appalachian ties in speech as resentment over memoir simmers
- A tale of triumphs from coast to coast: American medalists of the 1984 Olympics
- FACT FOCUS: Trump, in Republican convention video, alludes to false claim 2020 election was stolen
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Sheryl Lee Ralph overjoyed by Emmy Awards nomination: 'Never gets old'
- Video shows Wisconsin police dramatically chase suspects attempting to flee in a U-Haul
- Last Chance for Amazon Prime Day 2024 Deals: Top Finds Under $25 on Beauty, Home, Travel, Kids & More
Recommendation
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Tri-Tip
Rally shooter had photos of Trump, Biden and other US officials on his phone, AP sources say
Thailand officials say poisoning possible as 6 found dead in Bangkok hotel, including Vietnamese Americans
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Biden tests positive for COVID
Is vaping better than smoking? Here's what experts say.
U.S. decides to permanently dismantle pier helping deliver aid into Gaza, official says