Riddell
Subsidiary | |
Industry | Sport industry |
Founded | 1927 |
Founder | John Tate Riddell |
Headquarters | Rosemont, Illinois, United States |
Area served | Worldwide |
Key people | William Sherman (President & CEO) |
Products | Sports equipment |
Owner | BRG Sports |
Website |
www |
Riddell is an American company specializing in sports equipment for American football. It is headquartered in Rosemont, Illinois.[1]
The company was started by John Tate Riddell. Riddell first invented the removable cleat and then went on to invent the first ever plastic suspension helmet in 1939. In 2008, Dan Arment was appointed president of Riddell. Arment previously worked as executive vice-president and general manager of mass-market business for BRG Sports, Riddell's parent company, which is owned by private equity firm Fenway Partners.[2] Fenway acquired the company in 2003 from Lincolnshire Management.[3][4] In 2008, Riddell sued competitor Schutt Sports.[5] Two years later, Schutt filed a lawsuit, also for patent-infringement, against Riddell. Riddell ended up winning, leading to Schutt filing for bankruptcy.[6]
Football helmets
Riddell is widely known for its line of football helmets.
In 2002, Riddell released a new helmet design called the Revolution or "Revo" for short . The newer design was released in response to a study on concussions. The design is becoming more popular in the NFL and NCAA, being used by notables such as Peyton Manning, Dwight Freeney, Casey Hampton, and Brady Quinn, as well as having been used by Eli Manning during the 2005 season.
Riddell is also known for its Revolution IQ HITS helmet (Head Impact Telemetry System). The sensors inside the helmet called MX Encoders store data from each impact and can be transferred to a laptop to be reviewed by coaching staff or physicians. The helmets cost about $999 and are already being used by NCAA football teams.[7]
Other helmet styles produced by Riddell include the Revolution Speed and the Revolution IQ. Brad Herrin The company also produces a youth line of helmets including the Revolution Speed Youth, Revolution IQ Youth, Revolution Youth, Revolution Little Pro, Attack, VSR-4, VSR2-Y and Little Pro.
Riddell is currently being sued by multiple NFL players. More than 125 former NFL players are now suing the league and helmet-maker Riddell for not disclosing and, in some instances, allegedly hiding the risks of repeated head injuries. There are "at least three" personal injury cases pending in California and one more in Pennsylvania. According to the AP, the cases represent the "first examples of former players joining together to file concussion-related lawsuits against the NFL." Lawyer Thomas Girardi represents dozens of the players in two of the complaints. He says the goal is to enact "necessary changes" to protect future generations of players, as well as "set[ting] up a medical process so [the plaintiffs] can have medical attention for this injury as long as they need it," in addition to financial compensation. The NFL is taking the position that players knew the risks when they made football their career and that there was "no misconduct or liability" on the league's part. The question of what the NFL knew and when they knew it regarding concussion is likely to be the sticking point. Players intend to show there was "a history of literature showing that multiple blows to the head can cause long-term damage" that got buried by the NFL and that the league also "fraudulently concealed the long-term effects of concussions," including the increased risk of dementia. The players appear to have allies in Washington. Yesterday, a Senate subcommittee held hearings on misleading safety claims made by sports equipment companies. One thing is certain: it's going to be a long slog for both sides, without a clear endgame. For example, the players are seeking judgments "in the millions of dollars," though no specific numbers have been listed in the court documents. The consensus from lawyers on both sides is that the lawsuits could take years to be sorted out. Nobody associated with the players, the league, or Riddell was even "willing to guess how long it could be" during discussions with the AP.
See also
References
- ↑ "About Us- Worldwide Locations-Rosemont, IL". Easton-Bell Sports.
- ↑ People on the Move
- ↑ FENWAY PARTNERS BUYS SPORTS APPAREL MANUFACTURER. New York Times, July 8, 2003
- ↑ Chief Executive at Riddell Sports Quits. New York Times, June 26, 2001
- ↑ "Files Patent Infringement Action Against Schutt Sports". Riddell. 2008-12-10. Retrieved 2012-09-24.
- ↑ McCarty, Dawn (2010-09-07). "Schutt Sports Files Bankruptcy, Seeks Bar to Riddell Patent Suit Damages". Bloomberg. Retrieved 2012-07-21.
- ↑ Riddell starts shipping concussion-monitoring football helmets