Former Florida State basketball players sue coach over unpaid NIL compensation
Society
AI summary
Display highlights
Former Florida State Seminoles basketball players sue coach over unpaid NIL compensation
Leonard Hamilton promised each of them $250,000 in NIL payments through 'business partners'
Players claim they never received payment despite Hamilton making public promises
Four of the players have since transferred away from Florida State due to not being compensated
This is not the first time fans have heard about NIL compensation being the root of a right between player and program
360 summary
Six former Florida State Seminoles basketball players filed a lawsuit against their former coach, Leonard Hamilton, over unpaid promises of NIL compensation that reaches a total of $1.5 million.
The players claimed they "walked out of the gym" during a practice before the team’s Feb. 17 game against Duke due to their frustration with unpaid NIL money and were going to boycott the game.
Four of the players have since transferred away from Florida State due to not being compensated, while two others are no longer eligible to play collegiately.
Fox News
The Hamilton lawsuit is more straightforward than the Rashada case, with no multi-party conspiracy or confusing mechanisms of payments.
The Hamilton lawsuit alleges direct involvement by the coach, which may create more issues with the NCAA.
The alleged money owed in the Hamilton lawsuit is $1.5 million, which is a reasonably low sum for a school in a Power 4 conference, indicating that FSU may have been unwilling to pay.
Forbes
The allegations against Coach Hamilton and his direct affiliation with the proposed payers may violate NCAA rules, which could lead to an investigation.
FSU has begun investigating the matter and stated that they know of no unfulfilled commitments in terms of scholarships or other benefits, but they support Hamilton's right to defend himself against the allegations.
It remains to be seen how much involvement FSU will have in Hamilton's defense, as his contract may contain an indemnification clause promising to foot the legal bill if a lawsuit is filed.
Forbes
Explore
The above information is compiled by Fox News、Forbes and does not represent any position of Arbor. It does not constitute any investment advice made by Arbor. Before making any investment decisions, investors should consider the risk factors related to the investment products based on their own circumstances and seek advice from professional investment advisors if necessary. We strive to ensure but cannot guarantee the truthfulness, accuracy, and originality of the above content, and we make no promises or guarantees in this regard. As machine learning has a probabilistic nature, it may lead to incorrect reflection of facts in certain situations. You should appropriately evaluate the accuracy of any information summary based on your usage, including through manual evaluation of the information summary. We are not responsible for any losses or liabilities incurred by you due to your use, viewing, and access of the platform or failure to do so.