NFL settles concussion lawsuits.
Quote:
Former United States District Judge Layn Phillips, the court-appointed mediator, announced that the NFL and NFL Properties will contribute $765 million to provide medical benefits and injury compensation for retired NFL players, fund medical and safety research, and cover litigation expenses. The settlement still must be approved by United States District Judge Anita Brody.
“This is a historic agreement, one that will make sure that former NFL players who need and deserve compensation will receive it, and that will promote safety for players at all levels of football,” Judge Phillips said in a statement. “Rather than litigate literally thousands of complex individual claims over many years, the parties have reached an agreement that, if approved, will provide relief and support where it is needed at a time when it is most needed. I am deeply grateful to Judge Brody for appointing me as mediator and offering me the opportunity to work on such an important and interesting matter.”
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http://profootballtalk.nbcsports.com...wsuit/#respond
Works out to about $170,000 per player.