EA Sports and CLC to settle lawsuit for $40 million

EA Sports and Collegiate Licensing Company have reportedly settled a lawsuit from former players for $40 million. The lawsuit was filed by former players after they were never compensated after their likenesses were used in the video game franchise.

The number of players expected to benefit from the settlement is between 200,000 and 300,000, meaning each player would get between $133 and $200.

As for what this means for the future of the video game franchise, if you have a copy of NCAA Football 14 you may want to take special care of it, because there's a chance it's the last version of the game that will ever be made.

The NCAA and some conferences had already announced they wouldn't renew their licensing agreements with the game, and on Thursday it was announced that EA Sports would not produce a new version of the game in 2014.

"Today I am sad to announce that we will not be publishing a new college football game next year, and we are evaluating our plan for the future of the franchise," said Cam Weber of EA Sports in a release. "This is as profoundly disappointing to the people who make this game as I expect it will be for the millions who enjoy playing it each year."

EA Sports released its first college football game in 1994, though the game was called Bill Walsh College Football then. The game would not become NCAA Football until 1997 and has released a new version every year since.

CBS Sports Writer

Tom Fornelli has been a college football writer at CBS Sports since 2010. During his time at CBS, Tom has proven time and again that he hates your favorite team and thinks your rival is a paragon of football... Full Bio

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