For those of you that don't know, former NFL players sued the NFL and the Players union for not meeting their fiduciary duties for former and retired players. The courts ruled in the favor of the players but the NFL players union appealed. Well now they have lost the appeal.
So, the courts ruled that former and retired players were not being properly compensated for the use of their likeness. In addtion, they found that by awarding exclusive license to EA, it violated the fiduciary responsibilities of the NFL Players Union. IMO that means the exclusivity of EA only having the license might be done in the near future. The argument was that the NFL and Players union stood to make more money with multiple licenses being granted for multiple games versus just one with EA.
I think this is a win win no matter which franchise you prefer. Competition breeds innovation and lets not forget sparked a price war the last time NFL2K had an NFL licensed game.
Here are some highlights.
US appellate court affirms November jury verdict awarding $28.1M to retired players over royalty rates for football-related products.
A group of retired NFL players have once again sacked the National Football League Players Association. In November, a jury awarded the 2,000-player group $28.1 million in damages stemming from the NFLPA's failure to keep the retired players' interests at heart in negotiating royalty rates for the use of the players' names and likenesses. The complaint covered games, trading cards, and other football-related products and specifically called out the NFLPA's alleged preferential treatment given to Madden NFL publisher Electronic Arts.
So, the courts ruled that former and retired players were not being properly compensated for the use of their likeness. In addtion, they found that by awarding exclusive license to EA, it violated the fiduciary responsibilities of the NFL Players Union. IMO that means the exclusivity of EA only having the license might be done in the near future. The argument was that the NFL and Players union stood to make more money with multiple licenses being granted for multiple games versus just one with EA.
I think this is a win win no matter which franchise you prefer. Competition breeds innovation and lets not forget sparked a price war the last time NFL2K had an NFL licensed game.
Here are some highlights.
US appellate court affirms November jury verdict awarding $28.1M to retired players over royalty rates for football-related products.
A group of retired NFL players have once again sacked the National Football League Players Association. In November, a jury awarded the 2,000-player group $28.1 million in damages stemming from the NFLPA's failure to keep the retired players' interests at heart in negotiating royalty rates for the use of the players' names and likenesses. The complaint covered games, trading cards, and other football-related products and specifically called out the NFLPA's alleged preferential treatment given to Madden NFL publisher Electronic Arts.
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