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An arbitration panel has found that the NFLPA wrongly severed Panini's contract with the union, awards $7M. Panini will continue to make licensed cards for two more years. https://t.co/Rvx0XwHs5O
The NFLPA's reason for terminating a trading card deal with Panini early was ruled “invalid” by a three-arbitrator panel as union was ordered to pay $7M in damages. My @FOS story on how the decision could be a factor in Panini's legal battle with Fanatics. https://t.co/suYhfvAeJi
Former NFL player reveals SHOCK item teams wouldn't pay for https://t.co/30AEDd3ULs https://t.co/wWpG04czfU
The NFL Players Association (NFLPA) has been ordered to pay $7 million to Panini after a three-arbitrator panel ruled that the union's decision to terminate its trading card deal with Panini was invalid. The arbitration, which was conducted in secret, found that the NFLPA's early termination of the contract breached the agreement. As a result, Panini will continue to produce licensed NFL cards for an additional two years.
