17 Court issued its written judgment on the liability issue. The NFL appealed. As a result of the ruling, the Oakland Raiders moved to the Los Angeles Coliseum for the 1982 season. On April 13, 1983, the jury returned a verdict of about $60 million, including legal fees. That amount was to be paid by the other 27 NFL teams. The NFL appealed the damages verdict. The litigation, including the award of damages, was disclosed in the financial statement of the Cincinnati Bengals, Inc., for the fiscal year ending February 29, 1984. It contained the following statement: The judgment awarded damages to the plaintiffs of approximately $49 million (as trebled), plus interest. In addition, plantiffs can be expected to assert substantial claims for attorneys fees if they are ultimately successful in this litigation. On February 28, 1984, the liability judgement was affirmed by the Court of Appeals. The National Football League and its certain member clubs are in the process of appealing the damages award and intend to continue to defend their position on the liability issues. 4. 1982 NFL Players' Strike NFL players were on strike from September 20 to November 17, 1982. Nine of the 16 regular games were played. Because of the strike, total attendance was 7,367,438, down 45.9 percent from the 1981 season. Average paid attendance per game played for the 1982 season was 58,472, down 3.7 percent from the 1981 season. The Bengals average paid attendance per game increased from 54,900 for the 1981 season to 57,397 for the 1982 season.Page: Previous 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Next
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