Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Say hello to MacBook Neo
What’s Next for the Silver Price After $100...
Sranan Provides Update on Late Filing of Financial...
Aurum Hits High-Grade Gold at Napie, Cote d’Ivoire
BHP: Targeted AI Platforms Boost Efficiency, Safety and...
New Found Gold Announces US$75 Million Term Sheet...
Copper Quest Completes AI-Driven Analysis at Kitimat &...
Oreterra Announces Closing of Final Tranche of $9.7...
Precious Metals Price Update: Gold, Silver, PGMs Fall...
DOJ takes Live Nation-Ticketmaster to court for antitrust...
  • Business
  • Economy
  • Investing
  • Politics

Smart Trade Insights

Business

Federal judge overturns $4.7 billion jury verdict in ‘Sunday Ticket’ lawsuit, ruling for NFL

by admin August 3, 2024
August 3, 2024
Federal judge overturns $4.7 billion jury verdict in ‘Sunday Ticket’ lawsuit, ruling for NFL

LOS ANGELES — A federal judge has overturned a jury’s $4.7 billion verdict in the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL and has granted judgment to the NFL.

U.S. District Judge Philip Gutierrez ruled Thursday that the testimony of two witnesses for the subscribers had flawed methodologies and should have been excluded.

“Without the testimonies of Dr. [Daniel] Rascher and Dr. [John] Zona, no reasonable jury could have found class-wide injury or damages,” Gutierrez wrote at the end of his 16-page ruling.

The jury on June 27 awarded $4.7 billion in damages to residential and commercial subscribers after it ruled the NFL violated antitrust laws in distributing out-of-market Sunday afternoon games on a premium subscription service.

The lawsuit covered 2.4 million residential subscribers and 48,000 businesses in the United States who paid for the package on DirecTV of out-of-market games from the 2011 through 2022 seasons.

The jury of five men and three women found the NFL liable for $4,610,331,671.74 in damages to the residential class (home subscribers) and $96,928,272.90 in damages to the commercial class (business subscribers).

Since damages can be tripled under federal antitrust laws, the NFL could have been liable for $14,121,779,833.92.

It is not the first time the NFL has won a judgment as matter of law in this case, which has been going on since 2015.

In 2017, U.S. District Judge Beverly Reid O’Connell dismissed the lawsuit and ruled for the NFL because she said “Sunday Ticket” did not reduce output of NFL games and that even though DirecTV might have charged inflated prices, that did not “on its own, constitute harm to competition” because it had to negotiate with the NFL to carry the package.

Two years later, the 9th Circuit Court of Appeals reinstated the case.

It is likely the plaintiffs will again appeal to the 9th Circuit.

This post appeared first on NBC NEWS

previous post
Intel shares plunge 28%, dragging down global chip stocks
next post
Dow closes nearly 500 points lower Thursday as investors’ recession fears awaken

You may also like

Home Depot expects sales to weaken as consumers...

August 15, 2024

Dell family donation to offer 25 million kids...

January 7, 2026

How Trump could spare Biden’s renewable energy credits...

December 20, 2024

Ben & Jerry’s co-founder resigns, claiming parent company...

October 7, 2025

DOJ takes Live Nation-Ticketmaster to court for antitrust...

March 5, 2026

Recalled cucumbers linked to at least 449 illnesses...

August 17, 2024

Amazon extends Prime Day discounts to 4 days...

July 10, 2025

United Airlines adds Thailand, Vietnam and Australia flights...

April 3, 2025

Macy’s confirms rogue employee hid $151 million in...

December 12, 2024

Plummeting stock, boycotts and flagging sales: What’s fueling turmoil for Tesla?

March 18, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Say hello to MacBook Neo

      March 5, 2026
    • What’s Next for the Silver Price After $100 Per Ounce?

      March 5, 2026
    • Sranan Provides Update on Late Filing of Financial Statements; Extends MCTO

      March 5, 2026
    • Aurum Hits High-Grade Gold at Napie, Cote d’Ivoire

      March 5, 2026
    • BHP: Targeted AI Platforms Boost Efficiency, Safety and More

      March 5, 2026
    Promotion Image

    banner ads

    Categories

    • Business (942)
    • Economy (839)
    • Investing (4,031)
    • Politics (747)
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smarttradeinsights.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2026 smarttradeinsights.com | All Rights Reserved