Smart Trade Insights
  • Business
  • Economy
  • Investing
  • Politics
Top Posts
Expanded ExxonMobil Award Validates RemSense Strategy
Silver Dollar Resources: Advancing High-grade Silver-Gold Assets in...
Editor’s Picks: Silver Price Keeps Running, Breaks All-time...
Tech Weekly: Micron Rises on Latest Results, Trump...
Trump Media to merge with nuclear fusion company
Denison, Skyharbour Finalize Saskatchewan Uranium Joint Venture Deal
John Feneck: Gold, Silver in 2026, Plus 9...
Platinum Price Forecast: Top Trends for Platinum in...
Armory Mining Announces Closing of Flow-Through Financing
Palladium Price Forecast: Top Trends for Palladium in...
  • 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

NFL owners vote in favor of private equity...

August 29, 2024

McDonald’s Snack Wrap is officially making a permanent...

June 5, 2025

Malls are using new restaurants to draw consumers...

December 20, 2024

Broadband industry quietly abandons Capitol Hill fight to...

September 11, 2024

Panera Brands CEO steps down; CFO to fill...

January 9, 2025

Walz’s family relied on Social Security when his...

August 24, 2024

U.S. judge orders Google to share search data...

September 3, 2025

AI that can match humans at any task...

March 19, 2025

As Apple enters AI race, iPhone maker turns...

October 9, 2024

Prada Group says it has purchased fashion rival...

December 4, 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

    • Expanded ExxonMobil Award Validates RemSense Strategy

      December 22, 2025
    • Silver Dollar Resources: Advancing High-grade Silver-Gold Assets in Mexico

      December 22, 2025
    • Editor’s Picks: Silver Price Keeps Running, Breaks All-time High Again

      December 21, 2025
    • Tech Weekly: Micron Rises on Latest Results, Trump Media Jumps on TAE Merger

      December 21, 2025
    • Trump Media to merge with nuclear fusion company

      December 21, 2025
    Promotion Image

    banner ads

    Categories

    • Business (916)
    • Economy (829)
    • Investing (3,506)
    • Politics (737)
    • 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 © 2025 smarttradeinsights.com | All Rights Reserved