Concussion Lawsuit Settlement

Pages : [1] 2 3

Skinzman
08-29-2013, 01:21 PM
NFL, ex-players reach settlement agreement in concussion suit - NFL.com (http://www.nfl.com/news/story/0ap1000000235494/article/settlement-reached-in-nfl-concussion-lawsuit)

Still only a proposed settlement as of now but expected to be finalized without problems.

SmootSmack
08-29-2013, 01:27 PM
Waits for JoeRedskin to weigh in

JoeRedskin
08-29-2013, 01:35 PM
Not today ... three motions and a fantasy draft. Take a look at it tomorrow.

SmootSmack
08-29-2013, 01:43 PM
Sigh...waits for OvertheMountain to weigh in

NC_Skins
08-29-2013, 01:57 PM
Sorry Smoot, you'll have to settle for me. :silly:

Breaks down to 24 million per team. They got off easy. Real easy. A shame the NFL gets to hide what it knew and for how long. I think the only people making out in this are the lawyers walking away with 30% of the purse.

Chico23231
08-29-2013, 02:38 PM
NFL made out today...i thought easily a billion dollar settlement.

But NFL didnt want to go to court, they didnt want the fact they knew what was going on and didnt do anything to stop it come out on the record.

NFL always makes out.

firstdown
08-29-2013, 03:14 PM
Sigh...waits for OvertheMountain to weigh in

SmootSmack my feelings are hurt your not waiting for me to weigh in on the subject. I will keep it simple. Lawyers and the NFL made out. The actual players that are actually having health issues won't see much of this money.

skinsfan69
08-29-2013, 03:25 PM
765 million is a lot of damn money.

Skinzman
08-29-2013, 03:32 PM
765 million is a lot of damn money.

Yes and no...

By itself, 765 mil is a huge amount of money. However, they get to pay it out over something like 15 years. I heard someone on TV say that equates to raising the ticket prices by 1 dollar and its paid for over the life of the settlement. When you look at it that way, it just doesnt seem like a whole lot.

Keep in mind, the NFL will bring in about 9-9.5 bil this year alone. With the new TV contracts going into effect next year that will jump that figure by a good amount.

Had they been forced to release what they knew, and if (big if) they knew the damages that concussions caused while still clearing the players to go back into the games within a few minutes of a concussion. That settlement could have been well into the billions.

NC_Skins
08-29-2013, 03:35 PM
765 million is a lot of damn money.


Not when you compare it to 9.5 billion a year revenue.

EZ Archive Ads Plugin for vBulletin Copyright 2006 Computer Help Forum