5/12 – NFL Players Want Cash for TV Payments

National Football League players are asking a U.S. judge to compensate them for team owners’ decision to forgo maximizing their television-related revenue in exchange for $4 billion in payments from broadcast partners during a labor lockout. U.S. District Judge David Doty in Minneapolis began hearing arguments today from lawyers for both sides after a March ruling in which he found the owners had negotiated those TV rights to advance their interests at the players’ expense. The NFL extended broadcast contracts and altered lockout provisions with DirecTV, CBS Corp. (CBS), News Corp. (NWSA)’s Fox, Comcast Corp. (CMCSA)’s NBC and Walt Disney Co. (DIS)’s ESPN Inc., according to Bloomberg.

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