Submitted by BCLetsRide69 t3_1268947 in sports
Comments
Mimogger t1_je8ky0d wrote
so out of ~63m the players got like 637.5k? lmao
BarryPromiscuous t1_je8laps wrote
The math is staggering
x925 t1_jeaziua wrote
Don't forget taxes.
Athanatos173 t1_je9bdm3 wrote
That is just insane.
And close to a million for "settlement administration expenses" is more insane, isn't that just a fancy way to say we're paying a million dollars so they can wire the money?
BrotherItsInTheDrum t1_je9v3vg wrote
>majority
Are you exaggerating or am I misunderstanding something? It's a $185 million settlement, of which ~$60 million is going towards fees and expenses, leaving $120 million for the plaintiffs?
cdrhiggins t1_jea18rp wrote
Maybe I'm reading it wrong. From my understanding, the plaintiffs are sharing $600,000. An individual plaintiff is receiving a payment of $15,000 or $7,500, depending on their group.
There's a bunch of numbers there, so if I'm wrong, I apologize.
EDIT: yep, I misunderstood. $600,000 to the REPRESENTATIVES. The other $120 million goes to the players.
Sgt-Pumpernickel t1_je9eaxh wrote
What’s a litigation cost?
cdrhiggins t1_je9sizz wrote
Litigation costs are the fees spent pursuing or defending a legal claim or litigation. These charges may include attorney's fees, court filing fees, expert witness fees, and other costs associated with case preparation and presentation. In this case, it looks like the attorney fees and other litigation fees were separated.
Sgt-Pumpernickel t1_je9yxbm wrote
Ah makes sense, thanks for the info
cdrhiggins t1_jea3413 wrote
You're welcome!
akhorahil187 t1_jeav9wo wrote
You didn't quote a very important bit of info...
"nine years of litigation..."
Erazzphoto t1_jeb1rl8 wrote
Most people with a half a brain realize this, yet so many try anyway
marrab22 t1_je898rl wrote
I thought this was in reference to Aaron Judge and I was very confused why he had any say
alexschaefer2002 t1_je8b8bs wrote
He should become a judge when he retires from baseball for extra confusion.
DowntownAtown92 t1_je8c233 wrote
Judge Judge's Judgments sounds good
dont_shoot_jr t1_je8kuna wrote
All stand for the honorable A-Aron Judge. Court is now in session
Mountainbranch t1_je943mb wrote
If he becomes a judge in Canada, he will be Judge A-Aron Judge eh?
TheHunchbackofOhio t1_je9posv wrote
I can hear the music....
[deleted] t1_je9f4iy wrote
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rayshmayshmay t1_je8jf3h wrote
> The suit was filed in 2014 by first baseman/outfielder Aaron Senne, a 10th-round pick of the Marlins in 2009 who retired in 2013, and two other retired players who had been lower-round selections: Kansas City infielder Michael Liberto and San Francisco pitcher Oliver Odle. They claimed violations of the federal Fair Labor Standards Act and state minimum wage and overtime requirements for a work week they estimated at 50 to 60 hours.
[deleted] t1_je9s7nv wrote
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Doddie011 t1_je8upfl wrote
Finally, ready to get my payout from this
Happy-Campaign5586 t1_jeabp91 wrote
I hate lawyers, for that very reason. Who profits from litigation? Lawyers, every time.
bearcatsquadron t1_jea95a3 wrote
Thought it was talking about Aaron Judge and was impressed that he had the power.
Random-Cpl t1_jea4b9j wrote
When will their profits be en-oeuf?!
PandaCheese2016 t1_jed9v5r wrote
Justice is not cheap yo
Intelligent-Bed-1654 t1_je8tr3v wrote
Batter up! Play ball!
Dr_Biggus_Dickus_FBI t1_je8ozpr wrote
I’m heard this Judge Judy made like $40 mil last year and I was like, “I don’t even know that guy!”
stryder011 t1_je8ujua wrote
My name is Judge!
cdrhiggins t1_je8kiry wrote
>$55 million will go to attorneys' fees, about $4.65 million to litigation costs, $995,000 in settlement administration expenses, $600,000 to class representatives in payments of $15,000 to 40 people and $37,500 to five named plaintiffs who are not class representatives in payments of $7,500 each. About $1.7 million will go to the California Labor and Workforce Development Agency.
Always interesting to see
that the majority of thesehow much of these multimillion dollar suits are typically fees and expenses and not actual payments to the plaintiffs.