Judge Stalls NCAA Settlement Over Athlete Compensation Issues
Concerns about NIL restrictions and fair market value prompt revision of $2.78 billion deal.
- Judge Claudia Wilken declined preliminary approval for the NCAA's antitrust settlement.
- Key issues include the treatment of NIL payments and the influence of booster-funded collectives.
- The proposed deal aims to share revenue with athletes but faces opposition over potential NIL limitations.
- Lawyers must address the judge's concerns and resubmit the settlement draft within three weeks.
- Failure to reach an agreement could lead to a trial, extending the litigation process.