NCAA compensation rules violate antitrust law, court rules

SmashMouth · 09-30-2015, 02:40 PM

A three-judge panel ruled Wednesday that NCAA compensation rules for college athletes violate antitrust law, Reuters reported.

“The NCAA is not above the antitrust laws, and courts cannot and must not shy away from requiring the NCAA to play by the Sherman Act’s rules,” the three-person panel wrote in what is known as the O’Bannon case.

The case, brought by athletes wanting some of the billions of dollars universities earn from football and basketball programs, came as colleges are under increasing pressure to provide athletes with better benefits.

The panel of the Ninth Circuit Court of Appeals also threw out a federal judge’s previous proposal that NCAA members should pay athletes $5,000 per year in deferred compensation, stating that compensation for the cost of attendance was sufficient.

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09-30-2015, 02:40 PM	#1
SmashMouth I donated, did you? Join Date: Sep 2007 Location: Mandeville, LA Posts: 38,514 Blog Entries: 29	NCAA compensation rules violate antitrust law, court rules A three-judge panel ruled Wednesday that NCAA compensation rules for college athletes violate antitrust law, Reuters reported. “The NCAA is not above the antitrust laws, and courts cannot and must not shy away from requiring the NCAA to play by the Sherman Act’s rules,” the three-person panel wrote in what is known as the O’Bannon case. The case, brought by athletes wanting some of the billions of dollars universities earn from football and basketball programs, came as colleges are under increasing pressure to provide athletes with better benefits. The panel of the Ninth Circuit Court of Appeals also threw out a federal judge’s previous proposal that NCAA members should pay athletes $5,000 per year in deferred compensation, stating that compensation for the cost of attendance was sufficient. read more Also more here