The plaintiffs in Brady v. NFL have filed their response (CBSSports.com has obtained a copy) to the NFL's request for a stay from Judge Nelson, and it's pretty spicy. They're asking for -- if Judge Nelson grants the stay the NFL requests -- a $1 billion bond.
Yes, that's "billion" with a "b."
The thinking on that large sum of money, based on the players' response, is thus: it's one-quarter of what the players' received in compensation during the 2010 season, and it's the baseline guesstimate for what sort of "irreparable damages" would be done if the stay was granted and lasted through the time it will take for the league to appeal.
What makes their request pretty interesting, is whether or not the NFL would pay $1 billion to the players (likely in some sort of trust account, I presume) in order to get the stay they want.
Part and parcel of the NFL's legal request for a stay involves the fact that they currently must either a) impose old rules or b) allow chaos to reign. The problem with (a) is that, according to the league, they risk violating anti-trust laws (they do). The problem with (b) is "unrestricted free agency."
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The players' attorneys point out in their response that any "alleged predicament is of their own making" and that it's entirely possible for the NFL to "implement a new player system that does not violate antitrust laws."
Based on the various responses to Judge Nelson's original ruling, and her tendency thus far to lean, legally, towards the players, it seems unlikely that she will grant the NFL a stay. That's not because she "favors the players," but as the plaintiffs' response points out, if she rules in favor of the NFL's stay, she's essentially leaning against her own ruling that she issued on Monday when lifting the lockout.
Such a backtrack within a week doesn't seem like Nelson's style.
UPDATE 1:51 p.m. EST: Judy Batista of the New York Times reports that the NFL has written a letter to Judge Nelson asking for an opportunity to respond in writing to players' request for NFL to post $1 billion bond if stay issued.
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