NFL agrees to $765 million settlement deal in concussion lawsuit
Source: Reuters
Thu Aug 29, 2013 1:10pm EDT
(Reuters) - The National Football League has agreed to a $765 million settlement deal with thousands of former players who sued the league, accusing it of hiding the dangers of brain injury while profiting from the sport's violence, according to court papers released on Thursday.
The league agreed to pay $765 million to fund medical exams, concussion-related compensation and a program of medical research as well as to cover some legal expenses, according to a filing in U.S. District Court for the Eastern District of Pennsylvania.
More than 4,500 players had accused the league of glorifying football's ferocity while concealing the risks of concussions and long-term brain damage as a result of repeated hits to the head.
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Read more: http://www.reuters.com/article/2013/08/29/us-nfl-concussion-idUSBRE97S0X520130829
Blue_Tires
(55,445 posts)The NFL must be trying to get ahead of something really big coming down the pipeline...
Doctor_J
(36,392 posts)9.5 Billion. This is about 1 month's take. Pretty reasonable.
OTOH I don't think any of the players could say with a straight face that they didn't know how dangerous their chosen career is.
Blue_Tires
(55,445 posts)The players already knew and accepted the potential risks to their knees/hips/shoulders/back/etc... What they're saying is the league knew for years and years the potential dangers of head trauma and covered it up, keeping players in the dark...
I'm not sure enough of the players even accept this deal...It's an insultingly lowball offer; I'm just shocked the league even offered it in the first place...