Loading...
Loading...
Browse all stories on DeepNewz
VisitNFL Faces $4.7 Billion Verdict, Potential $14 Billion Payout in Sunday Ticket Case
Jul 1, 2024, 04:29 PM
A recent jury verdict in the NFL Sunday Ticket antitrust lawsuit has ordered the league to pay $4.7 billion in damages to consumers and commercial establishments. The ruling could potentially lead to a total payout of over $14 billion, significantly impacting the financial stability of NFL teams. Each NFL team may be required to contribute $449 million to cover the costs. The case is expected to be appealed, potentially reaching the U.S. Supreme Court. Subscribers to Sunday Ticket could receive a few thousand dollars each, though disbursements may take years. The next key date in the case is July 31. The class action verdict could disrupt the balance of power between the league and its teams, and experts question why the NFL risked a jury trial.
View original story
Markets
Yes • 50%
No • 50%
Court records and public announcements
No • 50%
Yes • 50%
Public announcements and legal filings
No • 50%
Yes • 50%
Court records and public announcements
Less than $4.7 billion • 33%
More than $14 billion • 33%
$4.7 billion to $14 billion • 33%
Court records and public announcements
More than $5 billion • 33%
Less than $1 billion • 33%
$1 billion to $5 billion • 33%
Public announcements and legal filings
After December 31, 2024 • 33%
Before July 31, 2024 • 33%
Between July 31, 2024, and December 31, 2024 • 33%
Public announcements and NFL records