The full NLRB decision is here if you want to nerd out (it’s actually pretty interesting), but the key takeaways were:
Given the ruling, we wanted to take a quick second to brief you on the latest in ‘paying NCAA athletes.’ Here’s where things stand:
The O’Bannon case gets paused: A landmark 2014 decision that would pay NCAA athletes for use of their likenesses is on pause after an appellate court issued a stay on July 31. If the lower court’s decision is affirmed, schools could pay men’s basketball and football players up to $5,000 annually in deferred compensation that they could access after graduating. Former UCLA basketball player Ed O’Bannon brought the suit after noticing his likeness on a ‘throwback’ mode of a popular EA Sports video game, NCAA March Madness. No timeline has been given for the appellate court’s ruling, but we’ll keep you posted.
EA Sports settles: Separate from the O’Bannon case, in July EA Sports paid former men’s college basketball and football players $60m in a class-action suit stating that the popular video-game maker illegally used players’ likenesses without permission. An athlete who appeared in one of the games could opt-into the settlement to receive up to $7,026, which is roughly as many hours as we spent playing those games growing up.
Schools have to adjust for this. At Georgia Tech, that’s an additional $1,720 per athlete and $500k total. So the Yellow Jackets decided to foot the bill the only logical way, by throwing a Rolling Stones concert to pay for half of the increased costs. Maybe you can always get what you want?