The attorneys who shepherded the blockbuster antitrust lawsuit to fruition for hundreds of thousands of college athletes will share in just over $475 million in fees, and the figure could rise to more than $725 million over the next 10 years.
The request for plaintiff legal fees in the House vs. NCAA case, outlined in a December court filing and approved Friday night , struck experts in class-action litigation as reasonable.
Co-lead counsels Steve Berman and Jeffrey Kessler asked for $475.2 million, or 18.3% of the cash common funds of $2.596 billion.
They also asked for an additional $250 million, for a total of $725.2 million, based on a widely accepted estimate of an additional $20 billion in direct benefits to athletes over the 10-year settlement term. That would be 3.2% of what