NCAA Smacked With New Antitrust Suit Over Amateur Rules
By Bill Donahue (March 17, 2014, 3:25 PM EDT) -- The National Collegiate Athletic Association and its five largest conferences were hit with a new proposed antitrust class action Monday that accuses them of colluding to restrict pay for student-athletes, marking the latest legal threat to the NCAA's system of amateurism.
Conspiring with the Southeastern, Big Ten, Pacific-12, Atlantic Coast and Big 12 conferences, the NCAA has used "false claims of amateurism" to establish "pernicious" nationwide restrictions on athlete compensation that are a "blatant violation of the antitrust laws," said the new suit, which was filed in New Jersey federal court.
"As a result of these illegal restrictions, market forces have...
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