Happy Monday, I’m Eriq Gardner.

Welcome back to The Rainmaker, a private email about money, power, fame, and the legal system where they all collide.

This week, I’m discussing handbags. Yes, seriously—never before has there been a case that delves into the difference between a suitcase and a handbag, but then again, there’s never been a competition cop like Lina Khan. And then, there’s a buzzworthy dispute over Birkin bags. I’ll get to that too. (P.S. If this email somehow found its way to you, here’s a good chance to subscribe to Puck.)

🚨🚨 Programming news: This will be the last edition of The Rainmaker as a stand-alone newsletter. Starting next week, I’ll be taking over the Tuesday edition of What I’m Hearing, Matt Belloni’s franchise focused on the business of Hollywood, entertainment, and media. I’ll also continue writing across other franchises, such as Dry Powder, our Wall Street private email. Don’t worry, we’ll automatically update your subscription settings, so you don’t have to do a thing.

Meanwhile, I’m deeply grateful for the brilliant Rainmaker subscribers with whom I’ve had the pleasure of exchanging emails and banter these past few years. My email is still Eriq@puck.news, so keep shooting me tips and feedback. I’ll be off for Memorial Day, and back in your inboxes the following week.

Let’s get started…

• NCAA athletes’ billion-dollar blitz: This coming week could mark a pivotal moment for college sports as the NCAA board of governors convenes on Thursday to discuss potentially settling three major antitrust lawsuits from athletes over compensation. The proposed deal, as reported by various media outlets, is extremely ambitious: a...