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  • NCAA ANNOUNCES APPEAL INTENT; SCHOOLS TO BE HURT BY VERDICT?

              The NCAA formally announced yesterday that it "will
         appeal the multimillion-dollar verdict levied against it by a
         federal jury" in Kansas City, KS, according to Steve Rock of
         the K.C. STAR.  The jury awarded $22.3M in damages to coaches
         effected by the NCAA's restricted-earnings rule.  The damages
         were automatically tripled, bringing the total to $67M.  The
         appeal means the NCAA "may have to post bond" of around $1M,
         and it will "continue paying at least two outside legal
         firms," one from IL and one from MI.  Rock writes the "whole
         process could drag on for a year, perhaps longer."  In terms
         of a possible settlement before the jury trial, NCAA General
         Counsel Elsa Cole said the organization had told a mediator
         to go as high as $18M, while plaintiffs were seeking around
         $40M.  Rock adds that "some members of the NCAA family are
         wondering how much longer the case will last."  OK State
         basketball coach Eddie Sutton: "I don't think the NCAA can
         win.  Let's move on" (K.C. STAR, 5/8).  The case now goes to
         the U.S. Court of Appeals for the 10th Circuit in Denver
         where a three-judge panel or an entire court will render a
         decision.  Experts say that an appeal of that decision to the
         Supreme Court is also probable (USA TODAY, 5/8).  
              WHO WILL PAY? In San Antonio, Clifford Broyles writes
         there is "no indication" how the NCAA plans to "come up with
         the money, but speculation has centered on taking money from
         the $140 million distributed annually from championship
         events.  Some have said it could mean that schools will get
         about $200,000 less from NCAA coffers than usual.  That's a
         significant blow to any budget, crippling to some" (EXPRESS-
         NEWS, 5/8).  In Dallas, Cathy Harasta writes on the decision
         under the header, "NCAA Lawsuit Losses Punish Member
         Institutions The Most" (DALLAS MORNING NEWS, 5/8).
    
    

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