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Closing Bell

Fred Dryer To Opt Out Of Settlement Bearing His Name

Former NFLer Fred Dryer plans to opt out of the settlement bearing his name between NFL Films and retirees. He says the settlement would give the NFL so many rights over the commercial use of former players that it could stretch to cover even his acting career. He added his agents at GVA recommended he opt out, which he has. Dryer and five other former players filed the case in '09, alleging the NFL was using their images without their permission. But against their wishes, a preliminary settlement was reached in March.

The settlement called for $42M to be paid to football charities, and a licensing agency be established to control retiree rights. The NFL could still continue to use their images in NFL Films. Players have until Aug. 30 to opt out. They can also oppose the proposed settlement at a hearing on Oct. 17 in federal court. The judge, though, has indicated he will approve the settlement. Dryer could sue the league again for using his image in NFL Films, assuming the settlement is approved on Oct. 17. He said that he would keep all his options open. The name of the case is Dryer v NFL Films.

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