May 29, 2024
The NCAA has recently announced an agreement to pay nearly $2.8 billion to settle numerous antitrust claims. This plan includes compensating thousands of former and current college athletes who allege that now-defunct NCAA rules prevented them from earning endorsement money. Additionally, the plan establishes a first-of-its-kind revenue-sharing system for college athletes, allowing schools to allocate up to $21 million per year to be paid directly to athletes, starting as early as fall 2025.
May 30, 2023
On Thursday, May 18, 2023, the National Labor Relations Board (“NLRB”) issued a complaint against the University of Southern California (“USC”), the Pac-12 Conference, and the National Collegiate Athletic Association (“NCAA”), alleging that the three employers have continued misclassifying college athletes in men’s and women’s basketball and football as “student-athletes” rather than employees who are entitled to protections under the National Labor Relations Act (“NLRA”). If the action is successful, it would reclassify the athletes as employees and allow them to consider forming a union.