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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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03/02/98
BOSTON GARDEN CORP. FILES SUIT AGAINST FOX SPORTS N.E.

The New Boston Garden Corp. has filed suit and "has threatened to block Fox Sports New England [FSNE] from televising games," because it has failed to pay new fees that went into effect when the Fleet

Tags: News Corp./Fox, Media

03/02/98
NASCAR CAFE PULLING INTO THE LAS VEGAS STRIP IN EARLY '99

NASCAR and Las Vegas'' Sahara Hotel and Casino have agreed to develop a NASCAR Cafe family entertainment complex within the existing Sahara Casino. The complex will carry the NASCAR Cafe banner and wi

Tags: Events and Attractions, NASCAR, R J Reynolds

03/02/98
NJSEA NOT TAKING OFF WITH CONTINENTAL; MCMULLEN WANTS OUT

The NJ Sports & Exposition Authority (NJSEA) is "having a hard time breaking even on running" Continental Airlines Arena, according to Thomas Fitzgerald of the Bergen RECORD. The NJSEA "expects to cle

Tags: Continental Airlines, Franchises, New Jersey Devils, Brooklyn Nets, YankeeNets

03/02/98
UMBRO SETS REFINANCING PLAN STILL NEEDED TO BE WORKED OUT

The refinancing of Umbro "could take another two months to complete," according to Patrick Harverson of the FINANCIAL TIMES. Umbro CEO Larry Ramaekers said that the company was looking to raise "subst

Tags: Finance

03/02/98
WILL NFL VETERAN PLAYERS "DOG-IT" WITH GUARANTEED CONTRACT?

In the tentative deal reached by the NFL and NFLPA to extend its CBA through 2003, there is "some ambiguous language in the agreement to redirect some TV money to help needy teams pursue new stadium c

Tags: ESPN, Leagues and Governing Bodies, NCAA, NFL, Pittsburgh Steelers, St. Louis Rams, Walt Disney

03/02/98
LEAGUE NOTES

The state of soccer in the U.S. was examined by Marissa Silvera of the SAN ANTONIO EXPRESS-NEWS. U.S. Soccer Federation President Alan Rothenberg "hopes the public can show some patience" before judgi

Tags: Leagues and Governing Bodies, MLS

03/02/98
EISNER SPEAKS OUT ON STATE OF THE ANGELS OVER THE WEEKEND

Disney Chair Michael Eisner said the Angels are "making the necessary moves to build lasting success," according to Kevin Acee of the ORANGE COUNTY REGISTER. Eisner, who said that he "does not see the

Tags: LA Angels, Anaheim Sports, Miami Marlins, Franchises, New York Yankees, Walt Disney, YankeeNets

03/02/98
TIMES MIRROR PURCHASES THE SPORTS BUSINESS DAILY

In Saturday''s NEWSDAY, Steve Zipay reported that THE SPORTS BUSINESS DAILY "has been purchased" by Times Mirror Co., which owns the L.A. Times, Newsday and The Sporting News. Zipay reported that Time

Tags: Media

03/02/98
EDMONTON: JURY STILL OUT ON NEW OILERS BIDDER, IN TOWN TODAY

NY-based business exec Michael Largue is in Edmonton today "to decide whether he''ll take a run" at the NHL Oilers, according to Jac MacDonald of the EDMONTON JOURNAL. Largue will meet with Mayor Bill

Tags: Edmonton Oilers, Franchises, NHL

03/02/98
OAKLAND COLISEUM AUTHORITY FACES MORE UNPAID BILLS

The Oakland Coliseum Authority is facing $10M in "unexpected bills for the makeover of the newly reopened basketball arena -- yet another burden for the financially troubled public agency," according

Tags: Facilities, Golden State Warriors, Oakland Raiders

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