Odin Lloyd's mother tells TMZ Sports ... she's still deciding whether or not she will file a wrongful death lawsuit against Aaron Hernandez ... a lawsuit that could potentially be worth MILLIONS of dollars.
With Hernandez having been convicted of murdering the former semi-pro football player, the odds are extremely good that Lloyd's family would win a civil case against him.
And since Hernandez was an NFL star who made MILLIONS during his brief career ... there's real money on the line.
But when we spoke with Ursula Ward this week, she told us she had not made up her mind about whether she will go through with the lawsuit.
Ward wouldn't explain why she's on the fence -- but sometimes, grieving families would rather move on with their lives instead of reliving the nightmare in another high profile case ... no matter how much money is at stake.