Similar Stories to Federal Appeals Court Nixes Plan To Pay College Football, Basketball Stars on Bing News

A federal appeals court has ruled that colleges are violating antitrust laws by profiting from student-athletes’ names and likenesses while these same students are forbidden from receiving any money. However, the same appeals panel struck down the lower court’s plan that would have allowed NCAA member schools to pay certain athletes up to $5,000 a year in deferred compensation. Last year, in a 2009 lawsuit filed by former UCLA basketball player Ed O’Bannon, a U.S.

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