College athletes looking to get paid score another important victory. EA Sports is finally coughing up $40 million in the class-action lawsuit brought against the video game maker for illegally using former and current players’ likenesses in their products.
The proposed settlement was filed in an Oakland, California, court on Friday. Up to 200,000 players may have been deemed eligible to receive payments. The amount players receive remained dependent upon which class those players fall under and how many athletes signed up.
USA TODAY Sports’ Steve Berkowitz breaks down the money doling:
A roster of named plaintiffs would receive incentive payments ranging from $15,000 apiece for [Nebraska quarterback Sam] Keller, O’Bannon and [former Rutgers football player Ryan] Hart, to $5,000 or $2,500 for others.
Beyond that, the money would be distributed based on a formula that takes into account the number of players who end up making valid claims; whether the players were on a football or men’s basketball roster, or also were depicted in a game; and the number of years in which they were on a roster and/or appeared in the game. If an extremely large percentage of players eligible to make claims do so, the per-player payments could range from about $50 to several hundred dollars, [plaintiff attorney Leonard] Aragon said. If half of the players eligible make claims, the per-player payments could range from around $100 to around $2,000, Aragon said.
Going forward, this is what all of this means:
– This only concerns the lawsuit brought against EA Sports and the CLC, so it has no bearing on the upcoming O’Bannon-NCAA lawsuit, which begins June 9.
– The NCAA will be on its own in arguing its case on June 9, as its former defendants have now distanced themselves from the collegiate sports governing body in the numerous fights involving player compensation and whether or not the NCAA makes billions off the student-athletes that generate those revenues every season.
Or in Twitter parlance…
The NCAA is now totally alone in the O'Bannon case. They'll be fine, because [FILE NOT FOUND] http://t.co/9X6ftjGDAi
— Spencer Hall (@edsbs) May 31, 2014
The ncaa cartel won't last much longer.
— Arian Foster (@ArianFoster) May 31, 2014
I want more like this!
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