EA's NCAA settlement cost another $8 million
by Steve Watts, shacknews.com, May 7, 2014 10:00AM PDT
EA's settlement with the National Collegiate Athletic Association (NCAA) already cost the company a hefty sum, but that apparently wasn't the end of the story. In financial results released yesterday, the publisher revealed that it added another $8 million in expenses to the $40 million reported last October.
The settlement figure was part of a largely positive release of financial results from Q4 and fiscal 2014 (via Joystiq). An additional $8 million isn't much compared to the $1.8 billion in net revenue, but it does go to show that the NCAA settlement has still had ripple effects beyond the initial settlement.
EA settled with the NCAA in September 2013, after a lengthy court battle over player likeness rights. The NCAA also decided at the time not to renew EA's license to make the college games, due to the "business climate" and "cost of litigation."