Luck Reiterates Stance On Likeness Compensation Hancock Talks Future Of CFP Rice Univ. Upgrading Football Stadium WVU Looking For Luck's Replacement Pitt Fires AD Steve Pederson Lochmann's Resignation Comes Amid UM Staff Shakeup Fired Pelini Slammed Nebraska AD Eichorst Luck Leaving WVU For NCAA Hollis Concerned By Booze-Heavy Gamedays FAU Continues Big Bet On Football
JUDGE'S RULING INCREASES NCAA COACHES PAYOUT BY ANOTHER $7M
Published January 19, 1999
U.S. District Judge Kathryn Vratil has added "another" $7M "or so to the NCAA's crippling restricted-earnings verdict," according to Steve Rock of the K.C. STAR. Ruling on "post-trial motions," Vratil granted the plaintiffs' request for an "inflation adjustment" that adds nearly $5M to the total verdict. That, combined with the interest rates which "are growing at about" $300,000 a month, puts the NCAA total at more than $74M it owes to around 2,000 coaches in the suit. Vratil "also rejected more than 100 pages of the NCAA's post-trial motions, including one for a new trial." The NCAA will now likely appeal to the 10th Circuit Court of Appeals in CO. A settlement seems "unlikely," as lawyers for the coaches say they "haven't heard" from the NCAA in "months" (K.C. STAR, 1/17).