Judge Rules College Athletes Can Seek TV Money

“In dismissing a motion by the NCAA to prevent football and men’s basketball players from legally pursuing a cut of live broadcast revenues, a federal court judge Tuesday raised the stakes for the governing body of college sports as it defends its economic model.

“Judge Claudia Wilken issued her ruling Tuesday, rejecting the NCAA’s motion that players in the antitrust suit led by former UCLA star Ed O’Bannon should be precluded from advancing their lawsuit on procedural grounds.

“The O’Bannon suit attacks that model through the means of class-action, the legal question now before Wilken. Former college stars such as Bill Russell and Oscar Robertson have joined O’Bannon on behalf of all Division I players in football and men’s basketball, asking Wilken to declare that they are similarly situated and to certify the class.

“The ruling was met with enthusiasm by Hausfeld, who leads a team that includes more than a dozen law firms that have invested more than $20 million in legal fees pursuing the lawsuit since 2009. The prospect of an award that recognizes live broadcast revenues helps support their efforts.

“In the event that the plaintiffs prevail, Hausfeld has set up a mechanism for players to collect licensing revenues. The Former College Athletes Association (FCAA) would negotiate licenses with the NCAA, member colleges, video game and media companies, according to Jon King, a former Hausfeld LLC lawyer who worked on the case. “

Read the full story at ESPN.

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