The NCAA was sued by a former college baseball player who alleges the organization illegally caps the amount of scholarship money that schools can provide.
Riley Cornelio, who played baseball at Texas Christian University from 2019-22, alleges the NCAA and its member schools operate as a cartel by capping scholarship money at “artificially low levels” that results in wage fixing among horizontal competitors in a market for services, according to a complaint filed Tuesday in the US District Court for the District of Colorado.
The NCAA is seeking to resolve other antitrust lawsuits with a $2.8 billion settlement proposed with ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.