Electronic Arts back in July announced a settlement had been reached regarding the lawsuit originally filed in 2008 that contested the company raised prices of their football products following the acquisitions of multiple exclusive licenses. For those that wish to claim part in the action a form has gone out now to do so.
The case website includes the form to fill out online, which can be done using the claim ID in the emails or postcards that have been sent to everyone who has had information on file while any others can submit an unknown claim. The information can also be mailed in. The deadline to complete the form is March 5, 2013. The online claim form is completed here while the one that can be printed out and mailed is here.
Should the settlement be accepted by the courts the payouts will be as follows for every Madden NFL, NCAA Football, or Arena Football copy purchased between 2005 and 2012:
•$6.79 for PS2/Xbox/Gamecube up to a total of 8 copies with $54.32 the max.
•$1.95 for PS3/Xbox 360/Wii up to a total of 8 copies with $15.60 the max.
Those numbers are not assured as the amount per copy will decrease if the total claimed exceeds the $27 million pooled for the payout. However if there is money left over other class members will be sought out who were not included in the initial sweep.
A financial hit of $27 million is certainly a good chunk of change but nothing that will ultimately affect EA’s operations. There are also other stipulations attached which include being prohibited from securing another exclusive for the NCAA Football series after the current deal expires in 2014 but notably excluded is anything that relates to the association with the NFL. Make sure to read up on the complete analysis from earlier this summer to get an understanding of why it will likely have little to no impact on the sports gaming landscape long term.