NCAA Settles College Athletes Pay Cap MDL For Nearly $209 Million

Mealey's (December 14, 2017, 7:28 AM EST) -- OAKLAND, Calif. — A California federal judge on Dec. 6 granted final approval of a $208,664,445 settlement to be paid by the National Collegiate Athletic Association (NCAA) to end all actions but one in a multidistrict litigation by student athletes who attended Division I schools and would have been awarded the full cost of attendance (COA) at those schools, but for the NCAA bylaw in effect until Jan. 1, 2015, that capped the maximum grant-in-aid at less than  the COA (In Re:  National Collegiate Athletic Association Athletic Grant-In-Aid Cap Antitrust Litigation, No. 14-2541, N.D. Calif., 2017 U.S. Dist. LEXIS 201104)....