The National Collegiate Athletic Association and five top conferences are a “cartel” that generates billions of dollars in revenue and illegally caps the pay of student athletes, a group of football and basketball players claim in a lawsuit that seeks to reshape college sports.
Four athletes filed an antitrust complaint today on the eve of the NCAA men’s basketball tournament seeking to bar the association and five “power conferences” from enforcing rules that ban colleges from competing financially for players and limit payments to tuition and related fees.