It's true and not really. Things like life insurance might have a few month period where they won't pay out for suicide but it's generally just a TV/movie thing.
The thing is, is that while this is true, the conviction COULD be overturned, it doesn't mean that it will. The victim's family can petition for the proceedings of appeal to proceed with the belief the conviction will stand.
Additionally, it doesn't mean a thing for any outstanding contract issues he might have had with the Patriots. Hernandez had a long history of trouble with the law and it could be said that this was "the straw that broken the camel's back" with the team's patience with him. Conviction or not, his thuggish behavior is enough to remove him from the team.
We would need to see his contract with the Patriots and also don't forget that he was also convicted on weapons charges. It's not been mentioned if those were under appeal. If they weren't, they stand and that's still reason enough alone to be kicked off the team.
The patriots let him go after the first charge... he was found guilty of that. He committed suicide after the second charge, where he was ruled not guilty. The patriots don't have to pay out, he was convicted prior anyway.
Additionally, it doesn't mean a thing for any outstanding contract issues he might have had with the Patriots. Hernandez had a long history of trouble with the law and it could be said that this was "the straw that broken the camel's back" with the team's patience with him. Conviction or not, his thuggish behavior is enough to remove him from the team.
We would need to see his contract with the Patriots and also don't forget that he was also convicted on weapons charges. It's not been mentioned if those were under appeal. If they weren't, they stand and that's still reason enough alone to be kicked off the team.