Report: Kaepernick grievance nets under $10M

[RuskieTitan]

Quote

Former San Francisco 49ers quarterback Colin Kaepernick and current Carolina Panthers safety Eric Reid settled their collusion grievances against the NFL, but according to a Wall Street Journal report, they will receive less than $10 million total.

According to the Wall Street Journal report, which cited people briefed on the deal, it's not clear how the money will be split and how much the players will net after legal fees. To put Kaepernick's split of the $10 million in perspective, his base salary in 2016 alone was nearly $12 million.

When the NFL initially settled with Colin and Eric, many people lauded that they had won out against the NFL and tried to forecast how much they had won, with estimates ranging from the tens of millions into even 9 figures.

With the recent report, however, it appears that this was not the case, as the settlement is far lower. Now, it appears that the NFL came out ahead in this.

 

NFL News: The impact that this has on the NFL, and why this should be an NFL News topic, is that it illustrates the fact that the NFL, along with other major league sports entities (MLB, NHL, NBA), is a business that is very difficult to provide proof of collusion. In the future, other athletes in the NFL may think twice before considering filing a lawsuit against the NFL, as this case could be seen as a deterrent. Furthermore, this could be seen as a victory for the NFL commissioner Roger Goodell, and could strengthen his position for the long term future of the league.

 

Edit: http://www.espn.com/nfl/story/_/id/26323226/report-kaepernick-grievance-nets-10m

Edited March 21, 2019 by RuskieTitan
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[TheKillerNacho]

Nothing good can come from this. I'll leave the thread here for those who want to read but there's literally a 0% chance that people will stick to football on this topic.