Canadian Bills Fan Posted August 29, 2013 Posted August 29, 2013 As per Peter King's Twitter. Sorry I dont have the link CBF
26CornerBlitz Posted August 29, 2013 Posted August 29, 2013 As per Peter King's Twitter. Sorry I dont have the link CBF Additional confirmation: @Rachel__Nichols This is HUGE: NFL settles w/players suing over concussions. $675 mil will go to the ex-players. Another $85 mil for treatment/research @NFL_ATL Settlement reached in @NFL concussion lawsuit http://www.nfl.com/news/story/0ap1000000235494/article/settlement-reached-in-nfl-concussion-lawsuit?campaign=Twitter_atl …
djp14150 Posted August 29, 2013 Posted August 29, 2013 Interesting----- In a related story....didnt see it mention on this board. PBS Frontline is doing a two part piece on football safety and concussions that is set to air in October. initially this was supposed to be a joint operation with ESPN but then unexplicably ESPN pulled out (belief was Godell pressured them).
26CornerBlitz Posted August 29, 2013 Posted August 29, 2013 Hmmmm: @JasonLaCanfora Furthermore, the NFL can pay over time and avoid discovery of what exactly was and was not known, and when. Seems like another big W for NFL
26CornerBlitz Posted August 29, 2013 Posted August 29, 2013 (edited) Interesting----- In a related story....didnt see it mention on this board. PBS Frontline is doing a two part piece on football safety and concussions that is set to air in October. initially this was supposed to be a joint operation with ESPN but then unexplicably ESPN pulled out (belief was Godell pressured them). It's actually covered here in this thread: http://forums.twobil...ation-with-pbs/ The NFL wins all the way around by settling. So this is what's meant by protecting the shield. @BobGlauber: Per terms of NFL concussion settlement, league does not admit liability or that injuries were caused by football Edited August 29, 2013 by 26CornerBlitz
djp14150 Posted August 29, 2013 Posted August 29, 2013 http://www.pbs.org/wgbh/pages/frontline/league-of-denial/
djp14150 Posted August 29, 2013 Posted August 29, 2013 http://www.nydailynews.com/sports/football/raissman-espn-frontline-fold-sacks-nfl-crew-credibility-article-1.1435845
26CornerBlitz Posted August 29, 2013 Posted August 29, 2013 @ProFootballTalk The settlement of the concussion lawsuit encompasses ALL retired NFL players, whether they have filed suit or not. Wow, that article about ESPN wilting like a little "B!$%h and losing all journalistic credibility is really grounds for boycott and deserves its own thread! Leave it up to you since you posted it. There's already a thread about it as I said in post 6.
K-9 Posted August 29, 2013 Posted August 29, 2013 Does any of this amount come out of Drew Brees' pocket? GO BILLS!!! I wonder how the money is paid-- does each team pay a pro rata share? I think Drew Brees has to pay it all himself. Or Joe D is gonna take it out of his hide. GO BILLS!!!
26CornerBlitz Posted August 29, 2013 Posted August 29, 2013 A relative bargain in the grand scheme of things considering the scale of NFL revenue generation these days: @SI_PeterKing Final bill for the league should be $950m-$1.05 billion, including legal fees.
Mango Posted August 29, 2013 Posted August 29, 2013 How does this affect current and future players? Players yet to be affected by traumatic brain injuries? At some point the information will/has to be presented to a court correct?
26CornerBlitz Posted August 29, 2013 Posted August 29, 2013 Does any of this amount come out of Drew Brees' pocket? GO BILLS!!! I think Drew Brees has to pay it all himself. Or Joe D is gonna take it out of his hide. GO BILLS!!! @JeffRussoWKBW Joe D tells me he's still gathering information on settlement. Says he has testing scheduled for CTE at UCLA next Tuesday.
Roger Goodell Posted August 29, 2013 Posted August 29, 2013 The NFL is proud of its continued commitment to prioritize player safety, and see this historic agreement as a further step in that process.
26CornerBlitz Posted August 29, 2013 Posted August 29, 2013 The NFL is proud of its continued commitment to prioritize player safety, and see this historic agreement as a further step in that process. So the settlement in other words was a "no brainer". @ProFootballTalk Under the settlement, each team will pay $3.98M per year for three years and $703K per year for the next 17 years http://bit.ly/15npmHp
NoSaint Posted August 29, 2013 Posted August 29, 2013 So the settlement in other words was a "no brainer". @ProFootballTalk Under the settlement, each team will pay $3.98M per year for three years and $703K per year for the next 17 years http://bit.ly/15npmHp So about .5% of today's salary cap annually paid out. Certainly far from the crippling result some projected
26CornerBlitz Posted August 29, 2013 Posted August 29, 2013 (edited) So about .5% of today's salary cap annually paid out. Certainly far from the crippling result some projected A relative pittance. @darrenrovell Only players retired by the time the concussion settlement is approved are eligible. Will be interesting to see who retires in next month. @KevinMawae NFL concussion lawsuit net outcome? Big loss for the players now and the future! Estimated NFL revenue by 2025 = $27 BILLION Edited August 29, 2013 by 26CornerBlitz
NoSaint Posted August 29, 2013 Posted August 29, 2013 (edited) A relative pittance. @darrenrovell Only players retired by the time the concussion settlement is approved are eligible. Will be interesting to see who retires in next month. @KevinMawae NFL concussion lawsuit net outcome? Big loss for the players now and the future! Estimated NFL revenue by 2025 = $27 BILLION yup - thats its only a fraction of a percent of todays cap... in 20 years for each team it will be a fraction of league minimum pay for one player probably. seems like a massive victory. Edited August 29, 2013 by NoSaint
Storm Front Posted August 29, 2013 Posted August 29, 2013 Before you know it they won't even play flag football in high schools around the country anymore.
eme123 Posted August 29, 2013 Posted August 29, 2013 This deal does seem to favor the league but I wouldn't expect them to just soak up 1billion on their books. Revenues will increase naturally over the next 17 years but prices will go up somewhere.
Recommended Posts