The NCAA has released the following statement regarding EA Sports and their settlement in the Ed O’Bannon case:
First, under no circumstances will we allow the proposed agreement between EA and plaintiff’s lawyers to negatively impact the eligibility of any student-athlete…not one will miss a practice or a game if this settlement is approved by the court. This proposed settlement does not equate to payment of current student-athletes for their athletic performance, regardless of how it is being publicly characterized.
Second, the real benefactors of this settlement are the lawyers, who could pocket more than $15 million.
We have not yet determined whether to formally object to any of the settlement terms.