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NCAA Settles Class-Action Concussion Lawsuit, Creates $70M Fund For Trauma Diagnosis

Published in SportsBusiness Daily on 07 / 29 / 14

The NCAA today agreed to "settle a class-action head-injury lawsuit" by creating a $70M fund to "diagnose thousands of current and former college athletes to determine if they suffered brain trauma playing football, hockey, soccer and other contact sports," according to Michael Tarm of the AP. The N...

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Tags: Colleges, NCAA

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09/21/95
SPURS PROJECT LOSSES OF OVER $3M FOR UPCOMING YEAR

In a presentation yesterday, the Spurs projected a $3.26M loss of ''95-96 while reporting earnings of $4.51M for the ''94-95 season (which includes more than $4M from the playoff alone), according to

Tags: Franchises, NBA, San Antonio Spurs

09/21/95
KINGS SALES COMPLETE AFTER TEAM FILES FOR CHAPTER 11

The "long-awaited" sale of the L.A. Kings was completed last night, after the team declared Chapter 11 to allow the deal to be finished. The team was sold by LAK Acquisition Corp. -- headed by Jeffrey

Tags: Franchises, Los Angeles Lakers, NHL

09/21/95
MN GOVERNOR STILL WANTS HOCKEY IN THE TWIN CITIES

MN Gov. Arne Carlson said yesterday that he still supports a plan to help the prospective owners of the Jets hockey team if they move them to Minnesota, according to Jay Weiner of the Minneapolis STAR

Tags: Franchises, New York Jets

09/20/95
FATE OF MARINERS AWAITS ABSENTEE BALLOT COUNT

The long-awaited outcome of the vote to raise the sales tax in King County to help pay for a new Mariners stadium "was left in doubt" by an absentee ballot count that would not be completed until as l

Tags: Franchises, Seattle Mariners

09/20/95
QUESTIONS REMAIN ON MINNESOTA'S DESIRE FOR THE JETS

Health care businessman Richard Burke "faces a daunting economic dilemma and a stressed political landscape" in moving the Jets to Minneapolis, according to Jay Weiner of the Minneapolis STAR TRIBUNE.

Tags: Franchises, New York Jets, NHL

09/19/95
JAGUARS FACE 0-2 START; NOW SECOND LAWSUIT AGAINST OWNERSHIP

C. Ronald Belton, a former partner in Touchdown Jacksonville Inc., filed his second lawsuit against the Jaguars and two team officials, saying "he was squeezed out of his share" of the NFL team. Belto

Tags: Franchises, Jacksonville Jaguars, NFL

09/19/95
DON'T START BUYING ALL THAT DEVIL RAYS GARB, YET

Devil Rays Managing Partner Vince Naimoli told the ST. PETERSBURG TIMES that he would consider "trying to give back the expansion franchise," purchase the Pirates, and move them to Tampa Bay for the '

Tags: Anheuser Busch, Franchises, MLB, Pittsburgh Pirates, Tampa Bay Rays

09/19/95
FRIDAY COMES AND GOES AS KINGS SALE COULD BE IN JEOPARDY

Friday was supposed to be the day the L.A. Kings would be sold to Philip Anschutz and Edward Roski, but the L.A. TIMES reports the "potential purchasers are concerned about the assumable liability and

Tags: AEG, Franchises, NHL

09/18/95
FRANCHISE NOTES

Oilers Exec VP Mike McClure said Friday the team has reached a "basic understanding" with Nashville officials on what type a deal will be required to move the club in ''98. McClure said the Oilers wer

Tags: CFL, Cleveland Indians, Edmonton Oilers, Franchises, New York Jets, Oakland Raiders, Philadelphia Eagles, Pittsburgh Pirates

09/18/95
MARGE'S ANTICS LEAVE MANY WITH RED FACES IN CINCINNATI

In Boston, Peter Gammons reports that "there is a bigger fear" in Cincinnati than the Reds'' opening playoff match-up -- "that they won''t come close to selling out home dates" for the first series. G

Tags: Cincinnati Reds, Franchises

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