Per Tom Mars, Attorney representing Spyre:
"I think this will be one more brick in the wall that is the end of the NCAA," Mars said. "Short of intervention by Congress, the demise of the NCAA now seems inevitable based on nothing but a financial analysis, as it appears the NCAA is poised to lose all of its upcoming antitrust cases. The cumulative effect of which, could make the NCAA financially insolvent."
"A bad case is a bad case, and they've put all their defenses forward," Mars added. "And there's no precedent anywhere in the United States that supports their defenses."
"Turning upside down rules overwhelmingly supported by member schools will aggravate an already chaotic collegiate environment, further diminishing protections for student-athletes from exploitation," the NCAA said in a statement. "The NCAA fully supports student-athletes making money from their name, image and likeness and is making changes to deliver more benefits to student-athletes, but an endless patchwork of state laws and court opinions make clear partnering with Congress is necessary to provide stability for the future of all college athletes."
Corker said the NCAA's lawyers did not make a compelling argument for why using NIL contracts as recruiting inducements would undermine the academic side of college sports.
"While the NCAA permits student-athletes to profit from their NIL, it fails to show how the timing of when a student-athlete enters such an agreement would destroy the goal of preserving amateurism," the judge wrote.
Time to break out the lifeboats, NCAA.
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