Report: Lawyers for O'Bannon plantiffs in antitrust case seek $50.2M from NCAA

BY foxsports • October 22, 2014

Lawyers for the Ed O'Bannon plaintiffs are reportedly seeking more than $50 million in attorneys' fees from the NCAA.

Citing a Tuesday night court filing, CBS Sports reports that the lawyers are seeking $50.2 million in fees following the landmark case. On Aug. 8, the U.S. District court ruled that the NCAA was violating antitrust laws with its restrictions on college men's basketball and football players. The ruling is currently being appealed by the NCAA.

The judge in the case also ruled that the plaintiffs could recover their costs from the NCAA.

According to CBS Sports, in the revised filing, the group seeks $44,972,406.95 in attorneys' fees and $5,277,209.29 in recoverable costs and expenses. The filing reportedly states that the costs do not include expenses related to the 2013 "mediation and settlement of claims against Electronic Arts and Collegiate Licensing Company."

The report says that the filing includes that lead attorney Michael Hausfeld's firm oversaw 31 law firms. His firm, Hausfeld LLP, reportedly spent 27,335 hours on the case since 2009 for a value of $15,573,319.

Hourly rates in the case ranged from $985 for senior partners to $175 for a junior associate.

The NCAA has until Dec. 23 to file a response.

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