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NFL reaches settlement with concussion-related lawsuits

Discussion in 'Football: NFL, College, High School' started by J.R., Aug 29, 2013.

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  1. J.R.

    J.R. Member

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    <blockquote class="twitter-tweet"><p>BREAKING NEWS. Settlement in the NFL's concussion case with the 4,500 litigants.</p>&mdash; Peter King (@SI_PeterKing) <a href="https://twitter.com/SI_PeterKing/statuses/373121477404393472">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>BREAKING: The NFL's nightmare scenario is over. Judge announced settlement between the league and the 4,500 players suing over head trauma.</p>&mdash; Peter King (@SI_PeterKing) <a href="https://twitter.com/SI_PeterKing/statuses/373121858620497921">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>NFL will pay $765 million &quot;to fund medical exams, concussion-related compensation, and a program of medical research'' for 4,500 plaintiffs.</p>&mdash; Peter King (@SI_PeterKing) <a href="https://twitter.com/SI_PeterKing/statuses/373122938670546944">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>That is about $170,000 per player and/or player's estate.</p>&mdash; Peter King (@SI_PeterKing) <a href="https://twitter.com/SI_PeterKing/statuses/373123282918051841">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>Per the release, the $765M is &quot;to provide medical benefits and injury compensation for retired NFL football players, fund medical and ...&quot;</p>&mdash; Albert Breer (@AlbertBreer) <a href="https://twitter.com/AlbertBreer/statuses/373123806526582786">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>(Concussion statement) &quot;... safety research, and cover litigation expenses.&quot;</p>&mdash; Albert Breer (@AlbertBreer) <a href="https://twitter.com/AlbertBreer/statuses/373123928169787392">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>Some of the breakdown: $75M for medical exams; $675M to compensate ex-players; $10M for research/education.</p>&mdash; Albert Breer (@AlbertBreer) <a href="https://twitter.com/AlbertBreer/statuses/373124704040542208">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>I'm separately told that the payments for individual players will be capped at $5 million.</p>&mdash; Albert Breer (@AlbertBreer) <a href="https://twitter.com/AlbertBreer/statuses/373124834642776064">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>NFL is to pay 50% of settlement over the first 3 years and the balance over the following 17 years. As Jagger said,Time, is on their side</p>&mdash; Jason La Canfora (@JasonLaCanfora) <a href="https://twitter.com/JasonLaCanfora/statuses/373128038160273408">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>The $765m settlement works out to a little less than $160k per plaintiff. Seemed unlikely to end up in court. Too much at stake for the NFL.</p>&mdash; T.J. Quinn (@TJQuinnESPN) <a href="https://twitter.com/TJQuinnESPN/statuses/373125972129640448">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>Money doesn't go straight to players. Some will go to care and programs, some to players as compensation.</p>&mdash; T.J. Quinn (@TJQuinnESPN) <a href="https://twitter.com/TJQuinnESPN/statuses/373127209575120896">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>Agreement allows NFL to say it did nothing wrong, but is trying to do right by players and make game safer.</p>&mdash; T.J. Quinn (@TJQuinnESPN) <a href="https://twitter.com/TJQuinnESPN/statuses/373127762728345602">August 29, 2013</a></blockquote>
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    <blockquote class="twitter-tweet"><p>Which is pretty much exactly what the league's statement says.</p>&mdash; T.J. Quinn (@TJQuinnESPN) <a href="https://twitter.com/TJQuinnESPN/statuses/373128256297246721">August 29, 2013</a></blockquote>
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    #1 J.R., Aug 29, 2013
    Last edited: Aug 29, 2013
  2. leroy

    leroy Member
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    Curious to hear the players side to see if they're satisfied.
     
    #2 leroy, Aug 29, 2013
  3. Nook

    Nook Member

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    The NFL got off lightly.
     
    #3 Nook, Aug 29, 2013
  4. Fyreball

    Fyreball Member

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    It seems like the players just wanted acknowledgement from the league that something needed to be done. The league was more than happy to oblige, especially considering there is no admission of wrongdoing, and a close to 20 year timetable on compensation.
     
    #4 Fyreball, Aug 29, 2013
  5. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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    The start of the unraveling. The NFL (team owners) are going to get this money back on penalties now. The game will change. Enjoy it!
     
    #5 REEKO_HTOWN, Aug 29, 2013
  6. Joshfast

    Joshfast "We're all gonna die" - Billy Sole
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    Do you mean player fines? You think they are going to accumulate $765 million in player fines? :eek:
     
    #6 Joshfast, Aug 29, 2013
  7. sammy

    sammy Member

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    They can't recoup anywhere near that in fines.


    765M over 17-18 years is not that bad for an entity like the NFL.
     
    #7 sammy, Aug 29, 2013
  8. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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    You better believe they're getting it from somewhere. That will be a place to start.
     
    #8 REEKO_HTOWN, Aug 29, 2013
  9. Mr.Scarface

    Mr.Scarface Member

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    Fines got to charity. NFL owners don't touch that money. They will get the money back in TV and Licensing deals. Don't be surprised if they add another Thursday night game and sell it to Fox Sport 1, TNT, or NBC Sports Network.
     
    #9 Mr.Scarface, Aug 29, 2013
  10. Brando2101

    Brando2101 Member

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    Hopefully this makes people complain ness about the new rules protecting the head. I would rather blow out a knee then suffer brain damage for the rest of my life.

    It feels selfish to say, "they are ruining the game" when it is obvious that the level of violence threatens the well being of the players long after they are done playing.
     
    #10 Brando2101, Aug 29, 2013
  11. Refman

    Refman Member

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    I just don't understand this. You know when you take the money to play that it is a physical and violent game. Everybody knows that getting hit that hard repeatedly isn't good for you. To some extent, they assumed the risk and took the cash.
     
    #11 Refman, Aug 29, 2013
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