After nearly five months of waiting, the National Collegiate
Athletic Association ("NCAA"), the former Power
Five college athletics conferences1 (now known as the
Power Four following the departure of 10 schools from the Pac-12),
and plaintiff student-athletes have received preliminary judicial
approval for their proposed settlement in the consolidated
antitrust litigation of three class action lawsuits filed by former
student-athletes. If finalized, the settlement will enable former
and future student-athletes to receive compensation from schools
and will revamp the current landscape of collegiate athletics.
As discussed in our previous alert, the settlement covers three of
the major class action lawsuits brought against the NCAA: House
v. NCAA, Hubbard v. NCAA, and Carter v.
NCAA. The parties originally announced that they had reached a
settlement on May 23, 2024, and then filed a Stipulation and
Settlement Agreement (the "Original Settlement")
on July 26, 2024,