O’Bannon lawyer challenges NCAA antitrust settlement over revenue-sharing system, NIL restrictions
The Athletic | Oct 03, 2024
The lead attorney in O’Bannon v. the NCAA, a landmark case that paved the way for athletes to earn money off their name, image and likeness, has filed an opposition to the $2.78 billion settlement of three antitrust cases facing the NCAA and power conferences.
Michael Hausfeld and his firm filed documents late Wednesday night to the U.S. District Court of the Northern District of California, arguing the damages portion of the settlement is too low, the cap on the proposed revenue-sharing system with athletes is unlawful and restrictions placed on booster-funded NIL collectives are unfair.