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re: Greg McElroy receives his settlement check from EA, has strong words for NCAA
Posted on 4/15/16 at 9:38 am to SummerOfGeorge
Posted on 4/15/16 at 9:38 am to SummerOfGeorge
Would love to see what the lawyers walked away with and what O'Bannon walked away with on this deal.
3
Posted on 4/15/16 at 9:40 am to VirgilCaine
quote:
Would love to see what the lawyers walked away with and what O'Bannon walked away with on this deal
Has to be pretty hefty just based off of time and effort alone. How long has this case been in process? Has to be closing in on close to a decade since they started working on the ground floor of it, right?
Posted on 4/15/16 at 9:53 am to VirgilCaine
quote:
Would love to see what the lawyers walked away with and what O'Bannon walked away with on this deal.
Hey Virg - here is the lawyer figure
quote:
The case was settled in June 2014 for $60 million with lawyers receiving 30 percent of the settlement.
Just a cool $18M
And this, on top of it
quote:
A judge ordered the NCAA to pay $44.4 million in attorneys' fees and another $1.5 million in costs to lawyers for the plaintiffs in the Ed O'Bannon class-action antitrust lawsuit against the NCAA.
This post was edited on 4/15/16 at 9:54 am
Posted on 4/15/16 at 10:19 am to VirgilCaine
quote:
Would love to see what the lawyers walked away with and what O'Bannon walked away with on this deal.
I saw Ed O'Bannon play for a Polish team while I was living in eastern Europe in 2004. Even though he last played in the NBA in 1997, he made $200,000-$400,000 a year for another six or seven years. He may not have made millions, be he made a bigger pile of cash in those six or seven years than many of us will see in a lifetime.
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