A 20 month long stalemate between former NFL players and the NFL Players Association finally ended this week with their case being heard at a federal district court in San Francisco. NFL retirees had filed a class action suit against the players association based on the allegation that that the union and its for-profit Players Inc. marketing arm were failing to share millions of dollars in revenue from various commercial ventures such as the sale of collectibles, trading cards and electronic games.
According to Manatt Phelps, the law firm representing the retired players, the lost income for more than 2000 class members was estimated to be around $106.9 million. This figure could triple if the retirees won their case and if jurors awarded them maximum punitive damages.
Pic courtesy David Farrell from flickr.com
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