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New name, images, likeness lawsuit against NCAA could put hundreds of millions of dollars at stake

Attorneys acting on behalf of two current college athletes on Monday filed a federal antitrust lawsuit against the NCAA and the Power Five conferences that could substantially increase the tension — and financial stakes — connected toathletes’ ability to make money off their name, image and likeness.

The suit, which seeks to be a class action, not only asks that the NCAA be prevented from having association-wide rules that “restrict the amount of name, image, and likeness compensation available” to athletes but also seeks unspecified damages based on the share of television-rights money and the social media earnings it claims athletes would have received if the NCAA’s current limits on NIL compensation had not existed.