by Jason Butt
June 25, 02014
The NFL has agreed to a revised settlement with the players that sued the league over concussion-related injuries during their days in the league.
Initially the concussion fund both sides agreed to was at $765 million, which was ultimately not accepted by Judge Anita Brody due to the fear that the money would quickly run out for players that need assistance from head trauma suffered while playing football.
The NFL has now agreed to a deal where there will be no cap on the fund.
“This agreement will give retired players and their families immediate help if they suffer from a qualifying neurocognitive illness, and provide peace of mind to those who fear they may develop a condition in the future,” said co-lead plaintiffs’ counsel Christopher Seeger and Sol Weiss in a press release. “This settlement guarantees that these benefits will be there if needed, and does so without years of litigation that may have left many retired players without any recourse.”
“Today’s agreement reaffirms the NFL’s commitment to provide help to those retired players and their families who are in need, and to do so without the delay, expense and emotional cost associated with protracted litigation. We are eager to move forward with the process of court approval and implementation of the settlement,” said NFL Senior Vice President Anastasia Danias in the same release.
The settlement also states the NFL will set aside $10 million on concussion prevention education.
The court has yet to agree to this revised settlement. If it does, former players that have experienced head injuries and need medical assistance will be able to start receiving funds later this year.
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