Football Coaches' Pay At All-Time High Michigan State Planning Hoops Game In Greece Knight Commission Chair Predicts Grim FBS Future San Diego State Names John David Wicker AD ESPN Restructures Big 12 Deal Amid Possible Expansion Michigan Football Helps School's Financial Position Big 12 Memo Sheds Light On Decision To Not Expand AAC Eyes "Power Six" Conference Moniker Big 12 Presidents Opt Against Expansion Big 12 Decision Angers Prospective Schools
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).