(I mean, not really, but how can you pass up a chance to use this video?)
U.S. District Judge Claudia Wilken ruled that the NCAA had violated antitrust laws by not letting athletes profit from their likenesses being utilized to sell products (such as the hit NCAA video games).
The Wilken injunction "will enjoin the NCAA from enforcing any rules or bylaws that would prohibit its member schools and conferences from offering their FBS football or Division I basketball recruits a limited share of the revenues generated from the use of their names, images, and likenesses in addition to a full grant-in-aid." It should "prohibit the NCAA from "enforcing any rules to prevent its member schools and conferences from offering to deposit a limited share of licensing revenue in trust for their FBS football and Division I basketball recruits, payable when they leave school or their eligibility expires."
The ruling isn't expected to take effect until the next recruiting cycle for football and basketball.
Here's a breakdown:
- If a school wants to offer its recruits $5,000 per year out of a trust fund, the NCAA can't stop them from doing that. However, the school has to pay all of its recruits the same amount, which is a big blow to middle-of-the-road schools, who could have potentially placed more value on players than the top schools, and thus saved up to offer those players more money.
- Schools don't have to offer any money, as long as they at least offer scholarships at the cost of attendance.
- Athletes still can't market themselves. Wilken wrote that those rules are pro-competitive.
What do our CGB legal experts have to say about this? Sound off in the comments for what you see the next step being in this process!
For those who want to read the full PDF, click here or read it below as part of our embed (HT to SB Nation)