AOL: A federal judge ruled Friday that the NCAA can’t stop college football and basketball players from selling the rights to their names and likenesses, opening the way to athletes getting payouts once their college careers are over.
In a landmark decision, U.S. District Judge Claudia Wilken ruled in favor of former UCLA basketball star Ed O’Bannon and 19 others in a lawsuit that challenged the NCAA’s regulation of college athletics on antitrust grounds. She issued an injunction prohibiting the NCAA from enforcing its rules on money given to athletes when it comes to their names, images and likenesses.
In a partial victory for the NCAA, though, Wilken said the body that governs college athletics could set a cap on the money paid to athletes, as long as it allows at least $5,000 per athlete per year of competition for players at big football and basketball schools… (more)
