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“I never will forget it.” Friday, who founded and co-chaired two of the three Knight Foundation sports initiatives over the past 20 years, called Vaccaro “the worst of all” the witnesses ever to come before the panel.
But what Vaccaro said in 2001 was true then, and it’s true now: corporations offer money so they can profit from the glory of college athletes, and the universities grab it.
Hausfeld LLP has offices in San Francisco, Philadelphia, and London. He spoke softly, without pause, condensing the complex fugue of antitrust litigation into simple sentences. So they had a right that they gave up in consideration to the principle of amateurism, if there be such.” (At an April hearing in a U. District Court in California, Gregory Curtner, a representative for the NCAA, stunned O’Bannon’s lawyers by saying: “There is no document, there is no substance, that the NCAA ever takes from the student-athletes their rights of publicity or their rights of likeness.The Knight Foundation, a nonprofit that takes an interest in college athletics as part of its concern with civic life, had tasked them with saving college sports from runaway commercialism as embodied by the likes of Vaccaro, who, since signing his pioneering shoe contract with Michael Jordan in 1984, had built sponsorship empires successively at Nike, Adidas, and Reebok.Not all the members could hide their scorn for the “sneaker pimp” of schoolyard hustle, who boasted of writing checks for millions to everybody in higher education. “You sold your souls, and you’re going to continue selling them.Already, Hausfeld said, the defendants in the Ed O’Bannon case have said in court filings that college athletes thereby transferred their promotional rights forever. It looked garish on the shiny table because dozens of pink Post-its protruded from the text.Hausfeld read to me from page 390: The college player cannot sell his own feet (the coach does that) nor can he sell his own name (the college will do that).