In a recent development, members of the 1983 North Carolina State University men’s basketball team, famously known as the Cardiac Kids, have decided to drop CBS and TNT from their lawsuit. The suit, filed in North Carolina state court, alleges that the NCAA unlawfully exploited the players’ names, images, and likenesses during the promotion of March Madness. For more detailed information, the original article can be found on Law360.
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