Supreme Court rules against NCAA in compensation fight with college athletes
The court voted 9-0 to affirm lower court rulings that found that antitrust law prevented the NCAA from restricting payments to athletes for items such as musical instruments or as compensation for internships. The justices rejected the NCAA s argument that its players amateur status would be impossible to maintain if they could receive pay, even for education-related expenses.
Put simply, this suit involves admitted horizontal price fixing in a market where the defendants exercise monopoly control, Justice Neil Gorsuch wrote for the court.
The conservative justice, an appointee of former President Donald Trump, wrote that it was unclear exactly what the NCAA seeks.
To the extent it means to propose a sort of judicially ordained immunity from the terms of the Sherman Act for its restraints of trade that we should overlook its restrictions because they happen to fall at the intersection of higher education, sports, and money we cannot agree, Gorsuch wrote.
via www.cnbc.com
Hooray. Score another for the Supremes and against the hateful and hated NCAA.