The Twin Cities law firms of Zelle Hofmann Voelbel & Mason and Gustafson Gluek filed a class action lawsuit last week against the NCAA challenging the association and its member schools for limiting the grant-in-aid money eligible to scholarship athletes in men’s football and men’s and women’s basketball.
The suit was filed last week in U.S. District Court in Minneapolis. It accuses the NCAA of fixing prices by capping the value of its athletic scholarships. Current Minnesota Viking and former University of Florida Gator Shariff Floyd is the lead plaintiff.
The suit alleges that the grant-in-aid money given to scholarship athletes fails to cover the full cost of attending college. The money is used on tuition, student fees, room and board and books. The GIAs leave full-scholarship athletes with a significant shortfall, the suit says.
Further, NCAA rules restrict athletes from earning any additional money while on scholarship.
“Yet, the NCAA and its conferences are receiving billions of dollars every year from the blood, sweat and tears of these players in the form of television rights, marketing, clothing sales, among other means of revenue, but they deny athletes the compensation they would otherwise receive for their services in a competitive market.”
The suit seeks unspecified damages and to prevent the the defendants from engaging in “anticompetitive” rules.