How NFL’s salary cap could hurt the NFL’s finances
In January 2018, the NFL announced it would pay out $100 million to settle lawsuits from former players alleging they were cheated by the league and that the payments were made under duress.
It also agreed to pay $5 million to each of the six players who sued the league.
Those players include Michael Sam, Chris Borland, Joe Thomas, and Charles Johnson.
The former players sued the NFL and NFLPA after the league decided not to award them a guaranteed $1 million per year in future salary increases and instead required the players to earn $6 million each year.
NFLPA attorney David Boies said the NFLPA has been in discussions with the league since then about the payment, but has not yet received any indication from the league that it is prepared to agree to the settlement.
Boies noted the NFL has “a pretty good track record” of paying out settlements in the past.