Current:Home > StocksLatest class-action lawsuit facing NCAA could lead to over $900 million in new damages -StockHorizon
Latest class-action lawsuit facing NCAA could lead to over $900 million in new damages
View
Date:2025-04-15 20:28:00
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! (81)
Related
- The company planning a successor to Concorde makes its first supersonic test
- It’s time to roll up sleeves for new COVID, flu shots
- Mel Gibson Makes Rare Public Appearance With His Kids Lucia and Lars
- Alabama man declared 'mentally ill' faces execution by method witnesses called 'horrific'
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Steelworkers lose arbitration case against US Steel in their bid to derail sale to Nippon
- Utah State joining Pac-12, which has now snapped up five Mountain West schools
- Helene reaches hurricane status ahead of landfall in Florida: Live updates
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- San Diego Padres clinch postseason berth after triple play against Los Angeles Dodgers
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- Milwaukee-area stolen Virgin Mary statue found and returned to church
- Mel Gibson Makes Rare Public Appearance With His Kids Lucia and Lars
- Travis James Mullis executed in Texas for murder of his 3-month-old son Alijah: 'I'm ready'
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Evacuation order remains in effect for Ohio town where dangerous chemical leak occurred
- Margaret Qualley Reveals Why Husband Jack Antonoff Lied to Her “First Crush” Adam Sandler
- Kenny G says Whitney Houston was 'amazing', recalls their shared history in memoir
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Ohio officials worry about explosion threat after chemical leak prompts evacuations
Anna Delvey Sums Up Her Dancing With the Stars Experience With Just One Word
Can AI make video games more immersive? Some studios turn to AI-fueled NPCs for more interaction
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
DWTS' Daniella Karagach Gives Unfiltered Reaction to Husband Pasha Pashkov's Elimination
San Diego Padres clinch postseason berth after triple play against Los Angeles Dodgers
Tarek El Moussa Shares Update on Ex Christina Hall Amid Divorce