Judge declined to grant preliminary approval of the “NIL Settlement.” Key reasons:
1. She disagrees with limitation of NIL for “valid business purposes.” In essence she wants straight pay for play/employment
2. Disagrees that NCAA can bind future players by these settlement terms.
NCAA told judge those were non-starters. Judge said get it resolved or go to trial. NCAA cant win a trial and cant afford the likely damages. So it’s player employment or bankruptcy.
The takeover of private money and super league may be sooner than expected.
1. She disagrees with limitation of NIL for “valid business purposes.” In essence she wants straight pay for play/employment
2. Disagrees that NCAA can bind future players by these settlement terms.
NCAA told judge those were non-starters. Judge said get it resolved or go to trial. NCAA cant win a trial and cant afford the likely damages. So it’s player employment or bankruptcy.
The takeover of private money and super league may be sooner than expected.
