Settlement reached in NFL concussion case

[Canadian Bills Fan]

As per Peter King's Twitter.

 

Sorry I dont have the link

 

CBF

[26CornerBlitz]

  On 8/29/2013 at 4:39 PM, Canadian Bills Fan said:

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]

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]

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]

  On 8/29/2013 at 4:58 PM, djp14150 said:

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]

http://www.pbs.org/wgbh/pages/frontline/league-of-denial/

[NoSaint]

Huge win for the nfl

[djp14150]

http://www.nydailynews.com/sports/football/raissman-espn-frontline-fold-sacks-nfl-crew-credibility-article-1.1435845

[26CornerBlitz]

@ProFootballTalk

The settlement of the concussion lawsuit encompasses ALL retired NFL players, whether they have filed suit or not.

 

  On 8/29/2013 at 5:32 PM, BillsBackersChicago said:

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]

Does any of this amount come out of Drew Brees' pocket?

 

GO BILLS!!!

 

  On 8/29/2013 at 5:00 PM, JR in Pittsburgh said:

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]

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]

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]

  On 8/29/2013 at 5:35 PM, K-9 said:

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]

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]

  On 8/29/2013 at 5:55 PM, Roger Goodell said:

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]

  On 8/29/2013 at 6:23 PM, 26CornerBlitz said:

 

 

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]

  On 8/29/2013 at 6:30 PM, NoSaint said:

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]

  On 8/29/2013 at 6:38 PM, 26CornerBlitz said:

 

 

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]

Before you know it they won't even play flag football in high schools around the country anymore.

[eme123]

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.