Guess Which of the Four Major Sports Is Recession Proof? from CNBC.com
View Single Post
02-26-2013, 11:54 PM
Join Date: Nov 2010
Originally Posted by
NFL is in the best present shape, but it is also one of the more tenuous league right now. 2,000+ players claim the league had evidence that concussions had severe long term consequences, but didn't warn the players. If so, they could be looking at billions, or tens of billions, in damages eventually ... enough to topple the league's stronghold as #1, if not the league itself.
If I'm not mistaken, the compensation system in the US is state run. Some of which are non-existent and are solely dependent on legal action. That sucks for an employer because it's really easy to prove negligence when the only real defense is due diligence. Especially where the OSHA - a benchmark Act for individual states - more or less says employers must provide a safe workplace.
In all Canadian provinces the compensation system is mandatory and completely employer funded. The benefit is that workers are not allowed to sue their employer. There's only very few exceptions to this in Canada.
If that is indeed true, I would hate to see the tab for owed damages.
View Public Profile
Find More Posts by MarkGio