A recent jury verdict in the NFL Sunday Ticket antitrust trial has ordered the NFL to pay $4.696 billion to consumers and commercial establishments. This landmark decision, which could lead to payouts of several thousand dollars per subscriber, has significant implications for the league. The NFL is seeking to overturn the verdict, with a key court date set for July 31. If the verdict stands, the NFL may owe over $14 billion in total, potentially causing financial strain for some team owners who might struggle to come up with $440 million in cash. The decision could also expedite the NFL's push to expand the regular season to 18 games.
Last week, the NFL lost $14 billion in court (pending appeals). On Friday, NFL shoe and apparel partner Nike doubled that number, losing $28 billion in shareholder value with the biggest one-day stock drop in company history. https://t.co/HoRCRn6im0
The NFL could potentially owe over $14 billion to fans and bars after a ruling in the NFL Sunday Ticket antitrust lawsuit. How much could that amount to per fan, and what needs to happen before the NFL pays up? @mgfleming12 explains ⬇️
The #NFL could be forced to pay out a lot of money in the "Sunday Ticket" case. 😬 https://t.co/4F2MDWkH0v
On Thursday, a jury in the NFL Sunday Ticket trial ordered the league to pay consumers and commercial establishments $4.7B. Subscribers could receive a few thousand dollars each, but that could take years. If you’ve subscribed to Sunday Ticket, here's what you need to know ⬇️
Sunday Ticket verdict could expedite the NFL's inevitable push to 18 games. https://t.co/1629usZFX9
If Sunday Ticket verdict stands, some owners might have a hard time coming up with $440 million in cash. https://t.co/08p0cJ1ef2
What Does the Landmark NFL Sunday Ticket Verdict Mean for Fans? MORE: https://t.co/4qoNfnYVSc https://t.co/ml9kOBeGsr
Mike Florio predicts that Sunday Ticket subscribers could net thousands of dollars if the antitrust verdict against the NFL holds. ⬇️ https://t.co/RRtGbfXr9b
There are many reasons -- 4.8 billion in fact -- why other leagues are following and reassessing their broadcast packages after the "NFL Sunday Ticket" verdict https://t.co/TCK660oKhT
July 31 is the next key date in the Sunday Ticket litigation. That's when the judge will take up the NFL's request to throw out the entire $4.696 billion verdict. https://t.co/vpJraIJWnL