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NCAA ordered to pay $46 million in Ed O'Bannon legal fees
A federal magistrate judge late Monday ordered the NCAA to pay nearly $46 million to Ed O'Bannon's lawyers in attorney fees and legal costs for their court victory. The NCAA had been seeking the costs to be heavily reduced to approximately $8.5 million.
US Magistrate Judge Nathanel Cousins awarded the O'Bannon lawyers $44.4 million in attorney fees, a reduction of almost $1.2 million from what they requested. The NCAA was also ordered to pay $1.5 million in costs and expenses, down $3.7 million from what the plaintiffs sought. At one time, O'Bannon's lawyers -- led by Michael Hausfeld -- had been asking for $50.9 million.
Last August, a federal judge ruled that the NCAA violated antitrust law by preventing football and men's basketball players for being paid for use of their names, images and likenesses. The NCAA has appealed the decision to the 9th U.S. Circuit Court of Appeals, which has yet to issue an opinion. The appellate court's decision could impact the attorney fees awarded Monday.
[LINK] to full article
It will be interesting to see how this NCAA antitrust violation (assuming their pending appeal fails) effects the women's game going forward ...not to mention the NCAA's fiscal stability.
A federal magistrate judge late Monday ordered the NCAA to pay nearly $46 million to Ed O'Bannon's lawyers in attorney fees and legal costs for their court victory. The NCAA had been seeking the costs to be heavily reduced to approximately $8.5 million.
US Magistrate Judge Nathanel Cousins awarded the O'Bannon lawyers $44.4 million in attorney fees, a reduction of almost $1.2 million from what they requested. The NCAA was also ordered to pay $1.5 million in costs and expenses, down $3.7 million from what the plaintiffs sought. At one time, O'Bannon's lawyers -- led by Michael Hausfeld -- had been asking for $50.9 million.
Last August, a federal judge ruled that the NCAA violated antitrust law by preventing football and men's basketball players for being paid for use of their names, images and likenesses. The NCAA has appealed the decision to the 9th U.S. Circuit Court of Appeals, which has yet to issue an opinion. The appellate court's decision could impact the attorney fees awarded Monday.
[LINK] to full article
It will be interesting to see how this NCAA antitrust violation (assuming their pending appeal fails) effects the women's game going forward ...not to mention the NCAA's fiscal stability.
