This afternoon, Cam Weber (GM of American Football at EA SPORTS) announced that the company will not publish a college football title in 2014
and that the future of the franchise is in doubt. Weber stated that the company being caught in the dispute between the NCAA and student-athletes along with the NCAA & several conferences withdrawing support led to the decision. He also added that EA SPORTS is working to settle lawsuits with the student-athletes.
Later in the day it was announced that EA SPORTS had settled a series of class-action lawsuits. It is believed that the settlement will affect between 200,000 and 300,000 current and former college players. Terms of the settlement are confidential pending a court filing. From CBS Sports
: The settlement affects lawsuits brought by former Rutgers quarterback Ryan Hart, former Nebraska and Arizona State quarterback Sam Keller and former UCLA basketball star O'Bannon. The settlement does not include the NCAA's ongoing battle with O'Bannon and other plaintiffs in the fight over the rights to player likenesses.
Continue on to read the full press release from Weber & EA SPORTS.