News

Judge approves $50M settlement in NFL retiree case

Judge approves $50M settlement in NFL retiree case

NFL PLAYERS: Retired players say the league was exploiting their identities. Photo: Associated Press

AMY FORLITI, Associated Press

MINNEAPOLIS (AP) — A federal judge has given final approval to a $50 million settlement in a fight over publicity rights for retired NFL players.

U.S. District Judge Paul Magnuson issued his order Friday.

The lawsuit was filed in 2009 by former players who accused the NFL of exploiting the identities of retired players in highlight films and memorabilia. The NFL and the retired players reached the agreement in March.

More than 25,000 players wanted the settlement approved.

Magnuson wrote Friday that a handful of former players who objected because they are receiving no personal benefit have strayed from the initial goal of helping the less fortunate.

Under the settlement, some $42 million will be distributed to a “common good” trust over eight years to help retired players.

Recent Headlines

in National

Calls for peace at Kansas shooting memorial

kansas

The scene of a hate crime just days ago became the setting for tears, prayers and calls for peace.

in National

Obama budget plan would boost U.S. tax revenue, cut deficits

obama

The Congressional Budget Office says the 2015 budget could boost tax revenues while slashing deficits by $1.05 trillion.

in Sports

Thursday’s Sports Minute

durant

The Thunder secure No. 2 seed, the Cubs' visit to Yankee Stadium doesn't go well, and more.

in National

Jobless rates hover at near pre-recession levels

jobs

New applications for unemployment benefits held near their pre-recession levels last week.

in Sports

Wall Street fund managers buy Milwaukee Bucks

bucks

Hedge fund managers are buying the Milwaukee Bucks for $550 million, becoming the latest Wall Street financiers to own a sports club.