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NFLPA and Retired Players Settle for $26.25 Million

In the surest sign yet that there is a new regime at the NFL Players Association, the union and the retired players reached a surprise settlement of the retired players' lawsuit against the NFLPA. The NFLPA agreed to pay the retired players $26.25 million to settle claims that the union failed to actively market the retired players in its marketing deals with EA Sports and others.  A jury had found in favor of the retired players but the NFLPA under the leadership of the late Gene Upshaw, appealed the verdict and refused to deal with the retired players (of which he was one) on any matters.  New NFLPA head DeMaurice Smith made settlement of this case one of his highest priorities.  Hopefully, this a sign he will work with the NFLPA on their other issues as well.

Full post as published by Sports Biz on June 05, 2009 (boomark / email).