CBSSports.com is reporting that Electronic Arts and the Collegiate Licensing Company have settled a series of lawsuits regarding the likenesses of collegiate athletes including one brought by former Bruin Ed O'Bannon.
The settlement affects approximately 125,000 current and former student-athletes who have appeared in the college basketball and college football video games created by EA since 2003.
While EA and CLC have settled, the NCAA has not settled and the NCAA has vowed to fight the cases all the way to the Supreme Court if need be.
What is not clear at this point is how accepting a settlement check would affect the eligibility of any current player.
In related news, EA announced earlier today that they were canceling plans for next year's version of a college football video game.
While this is good news for O'Bannon and the other student-athletes who will receive a part of the settlement, the cancellation of future editions of the games is disappointing to everyone who has enjoyed playing these games.
At least this year's version of NCAA Football is one of the best ones ever.