Estimated reading time: 0 minutes, 31 seconds

Almost 40,000 Eligible in NCAA Scholarship Settlement  

Nearly 40,000 college football and basketball players will be eligible to receive part of a $208.7 million settlement without submitting a claim, as preliminary approval of an agreement between the NCAA and plaintiffs was granted. So reports ABC News.

The agreement came as the result of a lawsuit claiming the value of the student-athlete scholarships were "illegally capped." Each eligible person will get close to $6,500.

Students in the class action settlement competed between 2009 and 2017 and did not receive a "cost-of-attendance stipend." The settlement will be paid fully by NCAA reserves and no school or conference will need to contribute.  

Read the full article from ABC News.

 

Read 2771 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.