Grant House could receive up to $125,000 for participating in a case

Documents from the House-NCAA settlement show how much money the plaintiffs, including the former Arizona State swimmer, made Grant Houseand the plaintiff law firms could make something of the case.

Plaintiff

The class representatives or student-athletes who initiated the lawsuits and represent all student-athletes intend to receive compensation for their involvement in the case.

“Class Representative also intends to seek service awards for each of the Class Representatives. Based on their contributions and commitments, the settlement agreement provides for awards of up to $125,000 each Grant HouseSedona Prince and Tymir Oliver (the “NIL Plaintiffs”) and up to $10,000 each for DeWayne Carter and Nya Harrison (the “Carter Plaintiffs”).” Billing document reads.

The settlement includes House v. NCAA, a lawsuit filed in 2020 that involves athletes' ability to profit from their name, image and likeness. House, former TCU basketball player Sedona Prince and former Illinois football player Tymir Oliver could each receive up to $125,000 from their part of the settlement.

The House settlement was combined with Carter v. NCAA, another class action lawsuit filed in 2023 that addresses the NCAA's financial compensation for current and former athletes. Former Duke football player DeWayne Carter and Stanford soccer player Nya Harrison could receive up to $10,000 as part of the settlement. Both antitrust cases are represented by the same law firms and have already begun to influence the NCAA's financial decisions.

Plaintiffs' lawyers

The two plaintiff law firms in House v. NCAA are demanding hundreds of millions of dollars for their work on the case in an unconventional fee structure.

The law firms Hagens Berman Sobol Shapiro and Winston & Strawn reported that they have billed over 72,000 hours on the case since 2020. As compensation, they have requested a fee structure that would give them $20 million up front. Additionally, they demanded a percentage of the back pay the NCAA is expected to pay former student-athletes as compensation for missed NIL opportunities. The law firms' cut of these back payments could be as high as $495.2 million.

In what Reuters This is called the most novel part of the payment structure. The law firms also sought a share of the funds the schools would use to pay current student-athletes. Each annual fee installment requires court approval. The plaintiffs estimated that part of their compensation could be as much as $250 million over 20 years.

Lead attorneys for both firms, Steve Berman and Jeffrey Kessler, both argued that the compensation was fair given the size and historical nature of the settlement.

The presiding judge Claudia Wilken must agree to the compensation structure required by the companies. Wilken must also complete the settlement itself, which is still dealing with litigation from the opposition. including the resistance of swimmers.

The groundbreaking case began when Grant House questioned the NCAA's policy of not allowing swimmers to profit from their name, image and likeness. It has already allowed student-athletes to accept NIL offers. In addition, spending on schools will be increased, scholarship caps for teams will be abolished and roster restrictions will be introduced.