The NFL Players Association (NFLPA) announced Thursday that it is sending a letter to all players, including players on the San Francisco 49ers, warning them to file a bankruptcy.
In a statement, the NFLPA said:We are sending a very clear message to the NFL Players and the millions of other Americans who depend on the NFL for their livelihood: If you fail to file, your NFL players may be fined $1 million and be suspended for life, while your NFL teams may also be fined.
In addition, if you are a former NFL player, your former team, and/or the NFL in general, you may also lose your franchise.
The NFLPA says the letter will be sent in response to the recent settlement agreement between the league and the NFL and its players.
The league and its player representatives have reached a settlement in which the NFL agreed to pay $25 million to the players and $20 million to NFL Players Players Association, a settlement that includes an agreement to investigate the conduct of former players and their attorneys who had sued the league over the past year.
The agreement does not include the player discipline provisions that were included in the previous settlement.
The letter comes as the NFL is under scrutiny for failing and even encouraging players to fail to report a bankruptcy filing.
The NFL is already facing a $50 million fine for failing in its responsibility to protect its players from possible bankruptcy in 2016, when it settled a civil rights lawsuit by former players.
Since the first day of the 2016 season, the league has faced at least six separate lawsuits alleging that players and the league in general failed to protect players from the risks of filing for bankruptcy.
The lawsuits include the lawsuits filed against the NFL by former New York Giants star Antonio Brown, who claims he was not informed about his bankruptcy filing until March 1, 2017.
On Thursday, the NBA filed a separate lawsuit against the league, seeking $50.2 million in damages and the reinstatement of suspended player Adrian Peterson and a $3 million penalty.
The NBA said it will seek the full $50 billion to $60 billion.