NFL Ordered to Pay Nearly $4.8 Billion for Price Fixing Subscription Service – IOTW Report

NFL Ordered to Pay Nearly $4.8 Billion for Price Fixing Subscription Service

AP

A jury in U.S. District Court ordered the NFL to pay nearly $4.8 billion in damages Thursday after ruling that the league violated antitrust laws in distributing out-of-market Sunday afternoon games on a premium subscription service.

The jury awarded $4.7 billion in damages to the residential class and $96 million in damages to the commercial class. Since damages can be tripled under federal antitrust laws, the NFL could end up being liable for $14.39 billion. More

8 Comments on NFL Ordered to Pay Nearly $4.8 Billion for Price Fixing Subscription Service

  1. I don’t know. 6 on one hand, half a dozen on the other.

    NFL sucks, but so do lawyers (of which benefits the most with this ruling…)

    Can they both lose?

    3
  2. I can remember when normal people could afford NFL tickets and if all seats weren’t sold out they didn’t televise it in the local area on broadcast tv. I miss those days and the Cowboys under a respectable coach and players. I never even lived in Texas.

    4
  3. With $14 billion you could take your 1,000 closest friends to an NFL game and buy them each two hot dogs, three beers, a cap, and a T-shirt and maybe…MAYBE…have some change left over. But they’d have to pay for their own parking.

    7
  4. “Should the NFL end up paying damages, it could cost each of the 32 teams approximately $449.6 million.”

    If the award stands, they’ll just raise ticket prices to cover the owners taking a financial bath.

    2

Comments are closed.