Any holder of a valid claim (or claims) in the class action litigations captioned as In Re: College Athletic NIL Litigation (Case No. 4:20-CV-03919); Carter v. NCAA (“Carter”) (Case No. 4:23-CV-06325) and Hubbard vs. National College Athletic Association (Case No. 4:23-CV-01593) that have not already sold their claim (or claims) and meet our other eligibility criteria, which may change from time to time.  

Buyers consider various factors, including the size of the claim, the jurisdiction of the seller and the quality of the seller's documentation supporting the claim.

Before approving your claim listing, Xclaim will ask you to set your "Ask Price" — in other words, the minimum amount you are willing to accept to trade. If a buyer bids below your Ask Price while your claim is listed, you may, but have no obligation, to proceed to transaction. If you receive a bid equal to or greater than your Ask Price while your claim is listed, you will be required to proceed, subject to agreeing on final documentation and the buyer's diligence of your claim and supporting documents. Once you accept an offer, your claim will be listed on the marketplace as "In Contract" and will no longer be able to receive bids from other buyers.

Certain appeals have been filed that are currently delaying the start of distributions. These appeals could extend the timeframe for payment by many months and/or impact your Estimated Allocation. We advise that you consult with legal counsel if you have questions about how the appeals may impact your rights before and in connection with any sale of your claim.

Xclaim may present you with an immediate offer to purchase your claim based on current market conditions. If you accept that offer, you will transact on Xclaim's standard form agreement for NCAA transactions, available here.  You will have the opportunity to review this agreement before agreeing to proceed with a trade. If you decide to auction your claim on the Xclaim marketplace, you will be required to agree to Xclaim's listing terms which include your agreement to transact on terms substantially similar to Xclaim's standard form agreement. Buyers are free to propose modifications to these terms, which you have the right to review and consider before agreeing to trade.

Xclaim's buyers include financial institutions, specialty funds, and other qualified investors.

All buyers on Xclaim's platform must complete a registration and verification process before participating in auctions and using the marketplace to bid on claims. Most of our buyers are sophisticated entities that have been buying claims for years, are very familiar with our process and are easy to work with.

Selling claims is perfectly legal. Xclaim is the leading digital marketplace for selling claims and has helped claim holders liquidate more than $1 billion in claims across bankruptcies, class actions and other situations. We bring the same level of expertise to this market to ensure that our buyers are operating with integrity and adhere to our marketplace rules. While there are certain states whose laws may be interpreted to prohibit or impose restrictions on a sale of your claim to a third party, in nearly all states, claim holders are free to sell their claim for cash at any time. If we determine that your state of residence is implicated, we may advise you that you cannot proceed to list or sell your claim, or you may be required to acknowledge the small risk that your sale could be invalidated later (and that you would need to return the purchase price). We'll of course flag all of this before any transaction to avoid any headaches.