Full StoryCollege football and basketball players could be in line for paydays worth thousands of dollars once they leave school after a landmark ruling Friday that may change the way the NCAA does business.
A federal judge ruled that the NCAA can't stop players from selling the rights to their names, images and likenesses, striking down NCAA regulations that prohibit them from getting anything other than scholarships and the cost of attendance at schools.
U.S. District Judge Claudia Wilken in Oakland, Calif., ruled in favor of former UCLA basketball star Ed O'Bannon and 19 others in a lawsuit that challenged the NCAA's regulation of college athletics on antitrust grounds. The injunction she issued allows players at big schools to have money generated by television contracts put into a trust fund to pay them when they leave.
In a partial victory for the NCAA, though, Wilken said the body that governs college athletics could set a cap on the money paid to athletes, as long as it allows at least $5,000 per athlete per year of competition. Individual schools could offer less money, she said, but only if they don't unlawfully conspire among themselves to set those amounts
College football and basketball players could be in line for paydays worth thousands of dollars once they leave school after a landmark ruling Friday that may change the way the NCAA does business.
A federal judge ruled that the NCAA can't stop players from selling the rights to their names, images and likenesses, striking down NCAA regulations that prohibit them from getting anything other than scholarships and the cost of attendance at schools.
U.S. District Judge Claudia Wilken in Oakland, Calif., ruled in favor of former UCLA basketball star Ed O'Bannon and 19 others in a lawsuit that challenged the NCAA's regulation of college athletics on antitrust grounds. The injunction she issued allows players at big schools to have money generated by television contracts put into a trust fund to pay them when they leave.
In a partial victory for the NCAA, though, Wilken said the body that governs college athletics could set a cap on the money paid to athletes, as long as it allows at least $5,000 per athlete per year of competition. Individual schools could offer less money, she said, but only if they don't unlawfully conspire among themselves to set those amounts