Deadline to File Claims in Landmark NIL Settlement is Approaching

McCarter & English, LLP

On October 7, 2024, a federal judge granted preliminary approval to the $2.78 billion settlement that will cap the amount of money National Collegiate Athletic Association (NCAA) schools can spend in compensation for the use of student athletes’ name, image, likeness. The settlement calls for total back damages to be paid over ten years, which amounts to approximately $280 million annually. The final approval hearing is scheduled for April 7, 2025.

Eligible class action members include (1) Division I student-athletes who were eligible for competition between June 15, 2016 and September 15, 2024; (2) student-athletes who will compete on a Division I athletic team any time from the fall of 2025 and 10 years thereafter under House v. NCAA; and (3) Hubbard v. NCAA class action members, including Division I student-athletes who were eligible for competition between April 1, 2019 and September 15, 2024 who would have met the requirements for receiving an Academic Achievement Award under the criteria established by their schools for qualifying for such an award.

The claims period and notice campaign for this class action settlement began on October 18, 2024. The deadline to file claims and/or objections is January 31, 2025. To properly submit a claim for compensation, or to discuss your personal situation, eligible athletes should contact McCarter and English’s NCAA Sports Compliance attorneys as soon as possible to secure their fair share of the multibillion-dollar NCAA settlement.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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