The NFL was hit with a massive $4.696 billion verdict in the Sunday Ticket class action lawsuit. This amount could potentially triple to $14.088 billion under antitrust law. While there is a possibility that the judge could dismiss or reduce the verdict, for now, it stands at a staggering $14.088 billion, translating to $440.25 million per team.
To put this into perspective, this year’s salary cap for each team is $255.4 million. This means that the verdict is a significant amount, but it won’t bankrupt anyone. The ultra-rich team owners may see a decrease in their wealth, but they will still remain incredibly wealthy even after the case is settled.
This verdict comes after a long legal battle over the Sunday Ticket deal, which has been a lucrative source of revenue for the NFL. The outcome of this case could have far-reaching implications for the league and its business practices moving forward.
The NFL has yet to comment on the verdict, but it is clear that this is a significant blow to the league. It remains to be seen how the NFL will respond to this verdict and what impact it will have on the future of the Sunday Ticket deal.
Overall, this verdict highlights the complex legal issues surrounding the NFL and its business practices. It serves as a reminder that even the most powerful organizations are not immune to legal challenges and that they must be held accountable for their actions.