A suit by former players against the NCAA has been rejected by a federal judge as inadequate. The details of the case were reported by a national news report late last month. Apparently, the parties reached a $75 million settlement, but a judge rejected the settlement because he believed that it was “underfunded.”
The settlement agreement would allow a program to be implemented that would fund current and former student athletes who suffered head injuries. Additionally, the settlement would provide about $5 million towards research. The judge did not believe that the settlement amount was an adequate amount of money to cover all the medical expenses that the players required. The judge has ordered that each of the parties return to the negotiating table to reach a more appropriate agreement.
Importance of Attorneys in Settlement Negotiations
Although many individuals understand the importance of attorneys during litigation, one of the most crucial steps of a lawsuit is during the negotiation phase. When an individual believes that he or she has been injured because of the negligence of another, he or she may be able to bring a suit against that person for the injuries that were incurred and the damages that resulted. However, in many cases a trial in front of a judge or jury is not necessary.