And that's that.
Claudia Wilken has made her decision regarding the class action lawsuit, and it's all terrible news for the NCAA.
Quoting USA Today, here is the best way to explain this:
U.S. District Judge Claudia Wilken, in a 99-page ruling in favor of a group of plaintiffs led by former UCLA basketball player Ed O'Bannon, issued an injunction that will prevent the NCAA the "from enforcing any rules or bylaws that would prohibit its member schools and conferences from offering their FBS football or Division I basketball recruits a limited share of the revenues generated from the use of their names, images, and likenesses in addition to a full grant-in-aid."
Wilken said the injunction will not be stayed pending any appeal of her ruling, but it will not take effect until the start of the next FBS football and Division I basketball recruiting cycle
So what does it mean? Well, we're not quite sure yet. What we do know is that the NCAA gambled by not settling out of court and now they're going to pay the penalty.
That penalty is going to be substantial to the "non-profit" that has a huge coffer that is just waiting to be pillaged.
More to come as it becomes available.