SBD/Closing Bell

Plaintiffs' Lawyer Satisfied With Settlement, Calls Negotiations "Tough"

The NFL was negotiating the final details of the $765M settlement with retirees right up until this morning, said Christopher Seeger, co-counsel for the retirees. Seeger sounds satisfied with the amount, and rebuffed questions from reporters asking if it was less than he expected. An insurance company lawyer earlier this year said the total settlement could be $2.5B. Seeger called the NFL tough negotiators, and specifically referred to Cowboys Owner Jerry Jones as a “hard ass.” The NFL now must turn its attention to its insurers, who the league is suing to try to cover the costs of the now settlement.
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