An attorney for former San Francisco 49ers quarterback Colin Kaepernick and Carolina Panthers safety Eric Reid released a joint statement with the NFL on Friday to confirm that "the parties have decided to resolve the pending grievances."
The big picture: Last fall, Kaepernick filed a grievance which alleged that the NFL and its owners "colluded to deprive Mr. Kaepernick of employment rights in retaliation for Mr. Kaepernick's leadership and advocacy for equality and social justice." The attorney, Mark Geragos, did not release the details of the settlement, which he said are confidential.
Amazon's Valentine's Day decision to break-up with New York before New York broke up with it looks to be the crescendo in a major sea change involving big companies and the municipalities they would like to call home.
Between the lines: As Axios' Erica Pandey reported this week, public outcry against spending taxpayer dollars to subsidize big companies is spreading. Where the trend has been perhaps most pronounced and unexpectedly so recently has been in the NFL.
The Alliance of American Football made its debut this past weekend and produced some very solid ratings. But we're not here to talk about ratings — we're here to talk about the business model.
Why it matters: The AAF is not a football league; it's a tech company. Does it sound a little corny to say that? Yes, but I promise I'm not just reading from some Fyre Festival-esque pitch deck— it's the truth.
/2019/02/14/1550153018896.gif?w=3840)