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If it were overturned, it would be a win for Brady, but it wouldn't necessarily clear him since he would have gotten off on a "technicality." Still, most people don't really follow this stuff closely and would just see that he won and the NFL lost in trying to convict him. In addition, this issue wouldn't really be over, since the NFL would likely appeal, meaning the cloud would continue to hang over our heads.
Sending it to a neutral arbitrator would drag this out further and potentially lead to missing games later in the season, but Brady would get a chance to clear his name to the small percentage of people who really care about justice and don't froth at the mouth thinking about the Patriots. For many of us, though, a neutral arbitrator exonerating Brady or drastically reducing his penalty would likely be more satisfying because the Federal Court can "get him off the hook" but can't actually proclaim his innocence.
Sending it to a neutral arbitrator would drag this out further and potentially lead to missing games later in the season, but Brady would get a chance to clear his name to the small percentage of people who really care about justice and don't froth at the mouth thinking about the Patriots. For many of us, though, a neutral arbitrator exonerating Brady or drastically reducing his penalty would likely be more satisfying because the Federal Court can "get him off the hook" but can't actually proclaim his innocence.