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A federal judge has granted preliminary approval of a class action settlement that would overhaul NCAA rules barring high school student-athletes from keeping prize money earned in competitions outside NCAA jurisdiction.
The case, an antitrust challenge led by law firm Milberg, targets restrictions the NCAA imposed on tennis players who compete in non-NCAA events.
Preliminary approval moves the settlement one step closer to binding effect, pending final court confirmation.
What the Settlement Targets The core dispute is straightforward: the NCAA had rules preventing high school student-athletes from retaining prize money won in non-NCAA competitions, a restriction plaintiffs argued violated antitrust law.
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