May 4, 1998: A federal court judge awards $67 million to plaintiffs in the restricted-earnings case. The NCAA and plaintiffs subsequently announced a $54 million settlement.

On May 4 1998

May 4, 1998: A federal court judge awards $67 million to plaintiffs in the restricted-earnings case. The NCAA and plaintiffs subsequently announced a $54 million settlement.

Sources:

This Day in Sports

NCAA

Sources: “In the Arena: The NCAA’s First Century” by Joseph N. Crowley, NCAA News and Champion magazine archives, the NCAA Media Center, and NCAA record books 

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