In the news:
League reaches $765M settlement with ex-players
The NFL agreed to pay more than three-quarters of a billion dollars to settle lawsuits from thousands of former players who developed dementia or other concussion-related health problems they say were caused by the very on-field violence that fueled the game’s rise to popularity and profit.
The Associated Press
PHILADELPHIA — The NFL agreed to pay more than three-quarters of a billion dollars to settle lawsuits from thousands of former players who developed dementia or other concussion-related health problems they say were caused by the very on-field violence that fueled the game’s rise to popularity and profit.
The settlement, unprecedented in sports, was announced Thursday after two months of court-ordered mediation and is subject to approval by a federal judge. It came exactly a week before the first game of the 2013 season, removing a major legal and financial threat hanging over the sport for two years.
U.S. District Judge Anita B. Brody in Philadelphia is expected to rule on the settlement in two to three months but said it “holds the prospect of avoiding lengthy, expensive and uncertain litigation, and of enhancing the game of football.”
More than 4,500 former players, some of them suffering from Alzheimer’s disease or depression, accused the NFL of concealing the long-term dangers of concussions and rushing injured players back onto the field, while profiting from the bone-crushing hits that were often glorified in slow motion on NFL Films.
The settlement applies to all past NFL players and spouses of those who are deceased — a group that could total more than 20,000 — and will cost the league $765 million, the vast majority of which would go to compensate retirees with certain neurological ailments, plus plaintiffs’ attorney fees, which could top $100 million. It sets aside $75 million for medical exams and $10 million for medical research.
Individual payouts would be capped at $5 million for men with Alzheimer’s disease; $4 million for those diagnosed after their deaths with a brain condition called chronic traumatic encephalopathy; and $3 million for players with dementia, said lead plaintiffs’ lawyer Christopher Seeger. The settlement does not include an admission from the NFL that it hid information from players about head injuries.
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