Final NFL Films Settlement Offer: Good or Bad?

Gene Marie UpshawA few years ago, we could hear the cussing all the way from NFLPA Headquarters in Washington DC when someone explained the meaning of our Gene Marie Antoinette “Let ’em eat cake” picture to Gene Upshaw. Well, after hearing Judge Magnuson’s comments about retired players objections to the proposed NFL Films settlement offer, we decided to post a new Marie Antoinette picture (you can see it at the bottom of this post). But first, a little background – here’s the article from the Boston Herald/Associated Press reporters who were covering the hearing in the courtroom yesterday:
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BostonHerald

NFL retiree publicity rights settlement approved

Monday, April 8, 2013
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MINNEAPOLIS — The $50 million settlement between the NFL and a group of retired players over publicity rights was given preliminary approval Monday by a federal judge who likened some of the retirees to petulant children for complaining about the money now that it has been awarded.
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The settlement of the class-action lawsuit was reached last month, but some of the plaintiffs opposed the agreement, arguing it’s not good enough. U.S. District Judge Paul Magnuson said in his order that the contentious nature of the case and the complexity and expense of further litigation “weigh heavily in favor” of final approval of the settlement, which could take place this summer.
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“It is the height of disingenuousness for these same plaintiffs to now complain, like children denied dessert, that the settlement does not benefit enough the individuals who brought the lawsuit,” Magnuson wrote. “The benefits of this settlement to the class are plain: it will assist those who most need assistance, and will resolve the very problem that this lawsuit seeks to address by allowing former players true access to the value of their rights of publicity. Every hour of attorney time spent opposing the settlement only diminishes the value of that settlement to the members of the class.”
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Read the rest of the Boston Herald article by clicking HERE.
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Do you think the settlement offer is fair? Is there actually anything in the offer for the majority of retired players to actually see any monetary benefits over the entire term of the settlement while the NFL will likely walk away with hundreds of millions in new revenues? Was it inappropriate for Judge Magnuson to referred to retired players Plaintiffs “children denied dessert”? What happened to all the money the NFL has already made and put into their own pockets over the years? Does anyone even know how much money the re-sale of old NFL games will be generating over the next 10 years? We’ll be discussing these topics and more at our upcoming 2013 IFV Conference in Las Vegas May 3 – 5. Book your flight and hotel reservations NOW before our special discount rates go away next week – then click HERE to lock in your registration for FREE admission to the most important Conference for retired players in years!
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Judge Marie Antoinette

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