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Friday, August 8, 2014

Trustworthy College Athletics

Do we need to add the college football & basketball trusts?
From the Chronicle of Higher Education:

Judge Rules Against NCAA in Key Antitrust Case 

A federal judge in California ruled on Friday that NCAA rules barring college athletes from sharing in the revenues produced by the use of their names and likenesses violate antitrust law, handing the plaintiffs a key win in a case that has threatened to upend the association’s principles of amateurism... In a 99-page ruling, Judge Claudia Wilken, of the U.S. District Court in Oakland, issued an injunction that 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.” Judge Wilken said the injunction will not bar the NCAA from capping the amount of compensation that athletes can receive while they are enrolled, but said the NCAA will not be allowed to set that cap below the cost of attendance...


Full story at http://chronicle.com/blogs/ticker/judge-rules-against-ncaa-in-key-antitrust-case/83731

Maybe the flooding of Pauley was an omen!

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