Judge OKs $228M Truce Between NCAA, Athletes

Law360, New York (August 11, 2008, 12:00 AM EDT) -- A district judge has greenlighted a proposed settlement in which the National Collegiate Athletic Association would provide a total of $228 million to a class of student athletes who accused the organization of violating antitrust laws by placing a cap on the financial aid student athletes can get in the form of an athletic scholarship.

The deal calls for the NCAA to direct $218 million to student athletes through the 2012-2013 school year, to cover the cost of tuition, fees, books, supplies and equipment and other...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.