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House vs. NCAA Settlement
On April 7, 2024, Judge Claudia Wilken granted preliminary approval on the settlement between the NCAA, Power Five Conferences and student-athletes. Plaintiffs’ counsel in the class action lawsuit will soon be providing notice to all class members regarding the settlement.
As part of that process, Plaintiffs’ counsel has gathered information from Division I Institutions regarding their current and former student-athletes. This information includes contact information and other education related data. The University of Utah has gathered this information for all student-athletes who are a part of the settlement classes and provided it to plaintiffs’ counsel. In the coming weeks the University of Utah’s current and former student-athletes will receive notification from plaintiffs’ counsel sent to the most recent email address and home address on file with the University of Utah.
The information below details the next steps in the settlement process:
- The claims period will begin on October 18, 2024 and close on January 31, 2025
- Student-athletes wishing to participate in the settlement should file a claim by January 31, 2025.
- Any individual who desires to opt-out of the settlement class must do so by January 31, 2025
- Any individual may object to the settlement provided such objection is filed no later than January 31, 2025.
- The motion for final approval and response to objections must be filed by March 3, 2025.
- The hearing on final approval of the settlement is currently scheduled for April 7, 2025.
Question and Answer
Question 1: What does the House vs. NCAA settlement include?
Answer 1: The settlement (if finally approved) includes two pieces pertinent to current and former student-athletes. First, the damages, which total $2.576 billion and will be paid over a 10-year period. Second, increased benefits being provided to student-athletes in the future. The settlement allows institutions to increase scholarships and to pay student-athletes for the use of their Name, Image and Likeness (NIL) during their enrollment at the institution.
Question 2:Â Who is included and could receive payments from the damages piece of the settlement?
Answer 2:Â Approximately 81% of the damages pool will be paid to Power Five football, men's basketball and women's basketball student-athletes who were on a roster and received athletics aid from June 15, 2016 thru September 15, 2024. The remaining 19% of the damages pool will be available to all student-athletes (including students in FB, MBB and WBB) who can demonstrate that they lost third-party NIL (including video game) opportunities during the class period. Students in the sports other than FB, MBB and WBB, and who received a partial or full GIA during the 2019-2020 to 2024-2025 school years are eligible to submit a claim for these lost NIL opportunities.
Question 3:Â Who decides how much a student-athlete receives in damages and how can they find out their amount?
Answer 3: Damages amounts are determined by the Plaintiffs through an algorithm that was developed to determine an individual’s NIL value while they were at their institution(s). Current and former student-athletes will be able obtain information on their damage range from the following website: www.collegeathletecompensation.com as soon as it is operational.
If there any questions, please contact Senior Associate A.D. for Compliance, Jason Greco at jgreco@huntsman.utah.edu.