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Would JC’s violations have constituted cause?If you took the time to actually read the contract at issue, you would see that it clearly states that violations of NCAA rules constitute "cause". The infractions were not only committed, but both Ollie and the school recieved corresponding penalties.
Does the case have some settlement value, simply to make it go away? Sure. But that number is nowhere near the amount you stated. UConn's case is FAR stronger than Ollie's. Any objective party can see that.