Blog Entry

NFL files reply, wants stay with no bond

Posted on: April 27, 2011 5:14 pm
Edited on: April 27, 2011 5:54 pm
 
Posted by Will Brinson

On Wednesday morning, the plaintiffs in Brady v. NFL requested a $1 billion bond in the event that Judge Nelson ruled in favor of the NFL on the issue of a stay. Judge Nelson gave the NFL until 4:00 PM CST to reply, and the league has, in a filed document obtained by CBSSports.com, stated that they do not believe any bond is necessary to secure the stay that they requested.

Additionally, the league repeated their request to have Judge Nelson suspend the current injunction, conditioned on the NFL immediately filing an appeal with the Eighth Circuit Court of Appeals.

The NFL cites two primary reasons for why a bond is not necessary. One, that the Court of Appeals will handle the case in an expedited manner; CBSSports.com spoke with the Clerk of Court at the Eighth Circuit, and was told that "typically" they do expedite these matters. However, it is not a guarantee.
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Secondly, the NFL cited a previous case involving Western Union, in which a bond was not required because the "ability to pay the judgment is so plain that the cost of the bond would be a waste of money."

In other words, the NFL has so much money -- clearly more than $1 billion -- it's not necessary for them to pay what the 10 percent (or whatever) a bond would cost in order to secure such a bond.

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Category: NFL
Comments

Since: Dec 2, 2011
Posted on: January 9, 2012 1:11 am
 

NFL files reply, wants stay with no bond

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fghdfre
Since: Dec 2, 2011
Posted on: January 3, 2012 1:19 pm
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hgtrerte
Since: Dec 2, 2011
Posted on: December 7, 2011 2:36 am
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Since: Dec 2, 2011
Posted on: December 5, 2011 2:59 am
 

NFL files reply, wants stay with no bond

We figured it's usually lots of dreary older piece of writing, however rather recognized intended for my own time.


tomlye
Since: Nov 28, 2011
Posted on: December 1, 2011 11:13 pm
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Since: Aug 16, 2006
Posted on: April 27, 2011 7:59 pm
 

NFL files reply, wants stay with no bond

I agree with your thinking Laddin. I think we all agree we would like to see player trades or even a day of free agency before the draft. It's just the fact that even if they did come up with a set of rules just for say the entire 24hrs of tomorrow, the judge would most likely say that those rules would be good enough until a new CBA was reached. 



Since: Sep 22, 2006
Posted on: April 27, 2011 6:27 pm
 

NFL files reply, wants stay with no bond

Because that would in essence be announcing that they don't want a stay.  There argument is based on lack of clarity on what the rules should be with the lockout lifted.  It would be awful hard to make that argument if you operated as usual.

NFL Owners "We can't lift the lockout without knowing what rules we should operate under."
Judge Nelson "You seemed to make those draft day trades just fine."



Since: Oct 8, 2006
Posted on: April 27, 2011 6:20 pm
 

NFL files reply, wants stay with no bond

the draft is getting very little buzz this year.  why don't the nfl just appeal on monday?  enable player trades to spice up the event then appeal monday.  win - win  for fans and the nfl



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