• 20,000 Athletes to Receive Settlement from EA/NCAA Lawsuit [UPDATED]

    The lengthy lawsuit versus Electronic Arts and the NCAA may finally be drawing towards a close as the July 2 deadline for student-athletes to file a claim has now passed. 16,200 of the potential 93,000 claimants actually did so.

    Student-athletes who filed claims could earn anywhere from $74-$6,700. 'Participation awards' will see named plaintiffs (including O'Bannon, Keller, Hart) receiving a combined total of $200,000. Lawyers will be taking in no more than 33% of the total $60 million EA/NCAA settlement, which equates to approximately $19.8M.

    The next hearing for this case is on July 16 and that is where Judge Wilken may grant approval of the settlement. She must also rule on fees and expenses being sought by the plaintiffs' lawyers, proposed additional payments to the named plaintiffs, and objections that have been raised by three potential claimants.

    Still on the horizon is the Kessler vs. NCAA lawsuit and also worth watching is how the NCAA and/or conferences/schools establish policy on allowing player likeness to be utilized and compensated in the future. These are the remaining key items to seeing a possible return of the NCAA Football franchise.

    UPDATE - On Thursday, U.S. District Judge Claudia Wilken orally approved a combined $60 million settlement that ended claims against video game manufacturer Electronic Arts, Collegiate Licensing Company and the NCAA. More than 20,000 claims have been made and the deadline for players to seek money has been extended to July 31, according to Berman.

    It's possible the dollar amount for players will increase. Carey said it's “very possible” that Wilken will reduce attorneys' fees from 33 percent of the settlement to 30 percent. If that happens, the pool of money would increase for athletes who make claims.
    Courtesy: CBS Sports
    This article was originally published in forum thread: 16,200 Athletes to Receive Settlement from EA/NCAA Lawsuit started by cdj View original post
    Comments 27 Comments
    1. steelerfan's Avatar
      steelerfan -
      I'd like it if Notre Dame beats Georgia Tech today.

      Also, I could really go for a Mountain Dew and some chips and queso.

      I wonder what it's like on Jupiter.

      I like vanilla but I can't stand chocolate.

      Where is the remote?

      The Devil made me do it.
    1. SmoothPancakes's Avatar
      SmoothPancakes -
      Here we go again. Ninth US Circuit Court of Appeals agrees that the NCAA violates antitrust laws, but they strike down the plan to pay student athletes $5,000 per year beyond their cost of attendance, saying that ruling was erroneous.

      http://espn.go.com/college-sports/st...antitrust-laws
    1. gschwendt's Avatar
      gschwendt -
      I don't completely agree with this article other than the fact that there's less hurdles, but still some:
      I think to truly allow for the game to make a return, it will require EA & the NCAA to make a waiver that players must sign. If they refuse, they don't appear in the game and cannot be created in the game. In either case, they couldn't receive any additional compensation.

      Short of that, the NCAA will have to allow players to sign endorsement deals, which you know they don't want "amateurs" to do.

      Sent from my LG-D850 using Tapatalk
    1. CLW's Avatar
      CLW -
      Quote Originally Posted by gschwendt View Post
      I don't completely agree with this article other than the fact that there's less hurdles, but still some:
      I think to truly allow for the game to make a return, it will require EA & the NCAA to make a waiver that players must sign. If they refuse, they don't appear in the game and cannot be created in the game. In either case, they couldn't receive any additional compensation.

      Short of that, the NCAA will have to allow players to sign endorsement deals, which you know they don't want "amateurs" to do.

      Sent from my LG-D850 using Tapatalk
      The author is just flat out wrong. NOTHING in that quote deals with EA's future liability to future players if NCAA 17, etc... returned. (unless it is in the unquoted footnotes). The 9th Circuit in the quote is rejecting the NCAA's argument that O'bannon et al. cannot prove any future harm b/c there is no more NCAA series.

      SIGNED TGT'S RESIDENT LAWYER WHO HAS NEVER BEEN WRONG ABOUT THE OUTCOME OF A CASE ON THIS SITE.
    1. souljahbill's Avatar
      souljahbill -
      Can I get my damn game back? That's all I wanna know.
    1. Deuce's Avatar
      Deuce -
      Quote Originally Posted by souljahbill View Post
      Can I get my damn game back? That's all I wanna know.
    1. baseballplyrmvp's Avatar
      baseballplyrmvp -
      Then make the rosters completely random from the first startup.

      Rank each position group from 1-10 in terms of how they compare to the rest of the country. Once that is done, they can create a ratings range for each position group ( a 10 would be like 75-99). Every player for that group would be rated in there.

      There. Easy solution to the problem. We may not have accurate players, but it's close enough.