NCAA settles lawsuit with states over NIL compensation
The NCAA has settled the lawsuit with the attorneys general of Tennessee and Virginia and several other states over its rules prohibiting name, image and likeness compensation for recruits. Notice that a settlement has been reached in principle was filed Friday with the U.S. District Court for the Eastern District of Tennessee, in Greeneville. A status report had been due Friday. The settlement will be finalized along with a request for a permanent injunction by March 17. This settles the antitrust lawsuit filed a year ago by the attorneys general of Tennessee and Virginia challenging the NCAA’s ban on the use of name, image and likeness compensation in the recruitment of college athletes. The lawsuit was a response to the NCAA’s investigation of University of Tennessee athletics for potential recruiting infractions. This has been just one of the legal cases facing the NCAA.