Jury orders Rams to pay Reggie Bush $12.5M for 2015 injury

[010101]

blessings*

 

[Marc Spector]

I remember when this happened

same season i believe when Big ben got hurt at EJD.

 

[TaxCollector13459]

 

[the cac mamba]

 

[ezrathegreat]

 

[panopticon]

Wonder how much of that goes to the lawyers

$4.95 million compensatory damages

$7.5 million punitive damages

The article doesn't say anything about lawyers' fees...but in a lot of cases the defendant is forced to pay them if they lose. The idea is to encourage settlements if there's one that's possible.

From the article:

"He won't see all of the money the Rams were ordered to pay. Missouri law requires that 50 percent of punitive damages paid by a defendant go to the state Tort Victims' Compensation Fund."

So of that $7.5 million in punitive damages, the maximum he's eligible to receive is $3.75 million.

Best-case scenario (Rams pay his lawyers' fees), he'll see $4.95 million + $3.75 million = $8.7 million

In Missouri, lawyers are limited to being paid a maximum of 25% against the awarded amount in suits filed on a contingency basis.

Worst-case scenario (He filed the suit with lawyers paid on a contingency basis), he'll see $4.95 million x (0.75) + $3.75 million x (0.75) = $6.5 million

And remember, lawsuit awards are tax-free

 

[NYC Rebel]

 

[feelosofer]

Yea. That old Rams stadium was atrocious.

 

[BigMoneyGrip]

Reggie got the bag...

 

[ORDER_66]

get paid reggie....

 

[Black Lightning]

Him & his wife can buy a lot of watermelon & kool-aid with that.

 

[PortCityProphet]

Thats my jack of all trades master of none RB

 

[Capitol]

I was just watching his interview on the Arian Foster podcast and he said he lost $16 mil in money getting cut before his contract was up. He made more than 75% of that today

Its crazy. That injury happens a couple feet away and he gets cut and sent on his way with nothing

 

[jadillac]

 

[NaijaProdigy Redux]

Stick 'em for their paper

Kaep, you up next