What works is getting funds directly for former players and Dryer
A few prominent former players have come out in favor of the settlement among them is Hall of Fame running back Jim Brown. Jim Brown is the Hall of Fame running back is a member of a retired board Madden 24 coins of players that would be tasked with allocating funds from the settlement.
A federal court in Minnesota approved the settlement proposal which means that more than former players have until August. 30 to agree to the deal or opt-out of the deal. Dryer is telling his colleagues not to accept the settlement offer.
"They're taking you on an enterprise model along with the league which will generate funds for former players," Dryer explained. "But the models they've created have proven that they are dry wells."
The plaintiffs also have a problem about what they perceive to be the lack of transparency within the settlement and the way it will work.
"We don't know how they could have come up with $50 million," Dryer said. "The money goes into a fund, which will give it existing charities and then the charity magically, manages to give the money to players. I would rather not be working in a sector I don't understand.
"What works is getting cash directly into former players. That is what we're hoping for. We'd like to know the source of revenue is in order to reach a settlement for every retired player.
"I'm opting out. I'm not interested in anything to do with this arrangement."
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