'Illegal Profit'?: Ex-Basketball Players' Antitrust Class Action Against NCAA Seeks Compensation for Name, Image, Likeness
The lawsuit accuses the NCAA of using its alleged "monopoly power to pay nothing to the people whose names, images, and likenesses it uses without their consent in support of its multibillion-dollar enterprise."
July 02, 2024 at 06:32 PM
2 minute read
What You Need to Know
- Plaintiffs include former NBA players suing the NCAA in an antitrust class action.
- This lawsuit comes two months after Hagens Berman and the NCAA announced a $2.75 billion settlement.
- The Supreme Court in 2021 ruled that the NCAA violated federal antitrust laws by restricting certain education-related benefits to student-athletes.
More than a dozen former college basketball stars have filed an antitrust class action against the National Collegiate Athletic Association accusing the organization of exploiting student-athletes with an "illegal profit scheme" that monetizes the names, images and likenesses of student-athletes without their consent.
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