The news comes on the same day the conference announced it would attempt to start a football season. The league postponed the season Aug. 11 amid concerns about the coronavirus pandemic.
The players' lawsuit sought a reversal from the league on its decision, claiming it harms their career development opportunities and has a direct and significant impact on businesses in Lancaster County and the greater Nebraska area.
However, in a statement released through their attorneys, the players said, "We cannot adequately express the gratitude we feel for the support we have received from Nebraskans and from others throughout the Big Ten Conference.