Lawyers for House v. NCAA Plaintiffs Seek Almost Half a Billion Dollars
The class counsel representing the plaintiffs in the House v. NCAA lawsuit filed a motion with the court Tuesday night seeking legal fees and reimbursements of around $484 million.
That tally, the motion states, represents 20% of the NIL settlement fund, 10% of the additional compensation fund, an injunction relief award of $20 million paid by the defendants, and a little over $9 million for “out-of-pocket litigation expenses.”
The motion cites the percentage-of-the-fund analysis and recent precedent of other class action lawsuits in the U.S. Court of Appeals for the Ninth Circuit, which governs the California federal district court overseeing the House and related cases (Carter v. NCAA and Hubbard v. NCAA), to have awarded class counsel above 25%. The plaintiffs’ attorneys also request they be awarded reimbursement of their litigation costs and expenses totaling approximately $9.1 million.