Lawyers representing the NFL & its retired players, announced that the settlement for the NFL’s concussion lawsuit has been revised. The compensation via the NFL, will be unlimited. With this stipulation, once the funds are available, any player who develops a qualifying neurocognitive condition will be indemnified.
“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. “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. – via NFL.com
There has also been $10 million set aside, strictly for concussion-based education. This story is still developing, but this is a huge win for the NFL players.