Magazines: Money for the Post

"I feel like a champ," said onetime University of Georgia Football Coach Wally Butts, after an Atlanta jury awarded him $3,060,000. He had reason: it was one of the biggest libel judgments in U.S. legal history (TIME, Aug. 30). Last week in Atlanta, the same federal district judge who presided over Butts's suit against the Saturday Evening Post pared the judgment to something less than championship size. Holding that the original award was "grossly excessive," Judge Lewis R. Morgan ordered it reduced to $460,000.

Judge Morgan's action did not affect the jury's verdict against the Post, which in an article last...

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