C olin Kaepernick and Eric Reid allegedly settled big with their lawsuit against the NFL. Now there are reports the settlement was under $1...
Colin Kaepernick and Eric Reid allegedly settled big with their lawsuit against the NFL. Now there are reports the settlement was under $10 million.
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The Wall Street journal reports, “The settlement is far less than the tens of millions of dollars Mr. Kaepernick, especially, would have likely been owed if his grievance had prevailed. It couldn’t be determined how the payment is divided between the players and how much they will net after legal fees.”
The site also says, “If Mr. Kaepernick had won his grievance, the league’s collective bargaining agreement with its players would have entitled him to damages worth up to three times what an arbitrator determined he lost as a result of the collusion. If Mr. Kaepernick’s market value had been judged to be a total of $30 million over the two seasons he was sidelined—a ballpark price tag for a player of his caliber—he could have been awarded $90 million from the ruling.”
Back in February, the NFL and Kaepernick’s attorneys released a statement rhat read, “For the past several months, counsel for Mr. Kaepernick and Mr. Reid have engaged in an ongoing dialogue with representatives of the NFL. As a result of those discussions, the parties have decided to resolve the pending grievances. The resolution of this matter is subject to a confidentiality agreement so there will be no further comment by any party.”
Yahoo Sports reported they were “told on prior occasions that Kaepernick and Reid would only settle the complaint if a lucrative financial agreement was reached between the players and the NFL.”
Kaepernick and Reid’s case, which was filed in October of 2017, alleged that the NFL teams were in violation of the anti-collusion clause of the collective bargaining agreement (CBA). Kaepernick’s attorney claimed he was not signed because the NFL and the owners, “colluded to deprive Mr. Kaepernick of employment rights in retaliation for Mr. Kaepernick’s leadership and advocacy for equality and social justice and his bringing awareness to peculiar institutions still undermining racial equality in the United States.”
ESPN reports that there was about to hearing on the case, which would have been “semi-public” and “could have exposed inner workings of league business, along with the details of depositions attorneys have taken with high-level executives and in some owners.” Therefore, it sounds like it was in the NFL’s best interest to settle, but it would be surprising to hear it was not for the “lucrative” amount that was originally reported. It’s possible Reid and Kaepernick didn’t want to go through costly litigation.
Nonetheless, congrats to Kaepernick and Reid for staying in the fight and winning, either way, against a massive entity.
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[ione_media_gallery id="3649591" overlay="true"]* This article was originally published here
