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Old 08-29-2013, 01:09 PM    (permalink
Scotty D
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Default NFL settles concussion lawsuit for $765 million

http://www.rotoworld.com/player/nfl/8369/roger-goodell

4,500 players involved. Lawyer fees are being paid for by the NFL.
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Old 08-29-2013, 01:11 PM    (permalink
Don Vito
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Holy hell.
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Old 08-29-2013, 01:14 PM    (permalink
bigbluedefense
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I just hope this means they no longer try to neuter the damn sport. Can we have the old rules back now?
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Old 08-29-2013, 01:17 PM    (permalink
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If each is paid equally, $170,000 per player. Not bad.
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Old 08-29-2013, 01:19 PM    (permalink
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If each is paid equally, $170,000 per player. Not bad.
Not direct payments. It's a fund towards medical fees, concussion-related compensation and medical research.

It was always headed to this route the NFL tried to keep it out of court entirely by having it done through mediation but then the lawyers don't make as much coin.

Last edited by Trogdor : 08-29-2013 at 01:24 PM.
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Old 08-29-2013, 01:35 PM    (permalink
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170k is not bad, but if they are paying for rehab/hospital bills from the injuries already, then it will be gone pretty quick.
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Old 08-29-2013, 01:36 PM    (permalink
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The NFL paid 2 cents on the dollar. They're laughing their ass off right now.

This is what happens when jocks fight billionaire businessmen in court. The business men always will win that battle.
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Old 08-29-2013, 01:43 PM    (permalink
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Apparently its a case by case basis.
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Old 08-29-2013, 01:46 PM    (permalink
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Apparently its a case by case basis.
That is a good idea.
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Old 08-29-2013, 01:55 PM    (permalink
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Half of the $765 is to be paid in the first 3 years. The rest gets paid over 17 years. I assume that if a player dies his portion isn't paid.

The NFL still knows how to do business.
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Old 08-29-2013, 01:58 PM    (permalink
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no it will go to their estate or living members of their family.

But the sum doesn't take inflation into account so the value of the amount decreases over time. THAT'S where they rope a doped them with payment terms.
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Old 08-29-2013, 02:16 PM    (permalink
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I just hope this means they no longer try to neuter the damn sport. Can we have the old rules back now?
The way the NFL is going RG3 will become a god when it turns into a flag football league.
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Old 08-29-2013, 03:02 PM    (permalink
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The NFL got off easy on this. The max that can be recovered is 5 millon dollars by one individual. Obviously that's the most extreme of extreme cases. The NFL isn't worried about 795 million dollars over that span if it clears them of this.
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