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Highlights of the concussion settlement

Image (1) concussionposter.png for post 81020

We’ve had a chance to read and to digest the terms of the settlement announced Thursday in the ongoing concussion litigation.  The most important things to know are listed below.

1.  The settlement applies to all players who are retired as of the day Judge Anita Brody gives preliminary approval to the settlement.

2.  The settlement will be subject to a formal approval process, with retired players having the opportunity to oppose the settlement and/or to “opt out” and file or continue to pursue their own claims.

3.  The $765 million payment by the NFL does not include attorneys’ fees, which will be determined separately.

4.  Of the settlement amount, $675 million will be available for retired players “who present medical evidence of severe cognitive impairment, dementia, Alzheimer’s, ALS, or to their families.”  The compensation for each player will be based on his diagnosis, his age, the length of his NFL career, and other factors.   The decisions as to compensation will be made by independent doctors working with settlement administrators appointed by the court.

5.  If the $675 million is exhausted, the NFL will make a one-time additional payment of up to $37.5 million.

6.  Of the settlement amount, a maximum of $75 million will be used for baseline medical exams of retired players.

7.  Of the settlement amount, $10 million will go to a separate research and education fund.

8.  Of the settlement amount, $6 million will be devoted to administrative costs.

9.  The settlement will have no impact on benefits provided under the labor deal between the NFL and the NFLPA.

10.  The settlement will have no impact on the rights of current players.

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18 Responses to “Highlights of the concussion settlement”
  1. thegreatgabbert says: Aug 29, 2013 1:48 PM

    Enough to make your head spin.

  2. bucrightoff says: Aug 29, 2013 2:00 PM

    Well if legal fees are seperate the total settlement amount will be north of $1 billion.

  3. popdawg99 says: Aug 29, 2013 2:02 PM

    I wonder whether the NFL owners had to approve the settlement.

  4. kane337 says: Aug 29, 2013 2:11 PM

    Seems fair.

  5. steelerconsensus says: Aug 29, 2013 2:14 PM

    The NFL won.

  6. sb44champs says: Aug 29, 2013 2:15 PM

    Does this mean that Sean Payton won’t be suspended for a year again?

  7. emfsocial78 says: Aug 29, 2013 2:16 PM

    $600 Mil divided by 4,500 players is only $133,000. That’s better than nothing but far from the type of settlement I thought they were seeking. I know that’s a lot of money for most people doesn’t seem like much if the NFL was really wrong for how they handled things.

    For a reference 133k is only slightly more than practice squad players make and some make more than that.

  8. jwil007 says: Aug 29, 2013 2:46 PM

    Thats just pay out they will also get medical coverage from the industries not part of that I believe plus the payouts wont be evenly distributed…Some may get less than that…if you played 3 years you shouldn’t get the same as a 15 yr player…..

  9. jwil007 says: Aug 29, 2013 2:46 PM

    *Injuries… :)

  10. jacobknicks says: Aug 29, 2013 2:52 PM

    And the owners chuckled all the way to the bank…

  11. ratsfoiledagain says: Aug 29, 2013 4:02 PM

    All those recently retired players who have the multi-million dollar financial means to take care of themselves should defer their allotted monies to those retired players that truly need financial assistance.

  12. beckhruby says: Aug 29, 2013 4:06 PM

    The estimated $133K they each will get is still more that triple the average annual wage in the US. On top of that they got to play a kids game they enjoyed for what…10 years….while the bulk of the citizens of this country work hard their whole life for significantly less. These guys get fame and notoriety and played FOOTBALL for God’s sake. Did they think their cage wasnt going to get rattled. Just make all new players sign a waiver…..(they’ll happily do it for the chance to make millions) and close this deal once and for all. All the atheletes of today know the consequences and they still play so they can make the big bucks. I’ll take a 133K bonus anyday.

  13. bruiza2k says: Aug 29, 2013 4:06 PM

    1. The settlement applies to all players who are retired as of the day Judge Anita Brody gives preliminary approval to the settlement….

    - so this is why Aaron Curry retired so soon?

  14. firstand4ever says: Aug 29, 2013 4:20 PM

    I should have joined the lawsuit. For me that 133K can go a long way.

    In all seriousness, The NFL won here as they usually do. 133K does not cover a lifetime of pain , suffering or hardship. If I were apart of this lawsuit, I would oppose this settlement and decline.

  15. ratsfoiledagain says: Aug 29, 2013 4:28 PM

    bruiza2k says: Aug 29, 2013 4:06 PM

    1. The settlement applies to all players who are retired as of the day Judge Anita Brody gives preliminary approval to the settlement….

    - so this is why Aaron Curry retired so soon?
    ——————————-
    Nah, Curry shouldn’t have any concussion symptoms, he couldn’t even tackle the playing surface.

  16. u4iadman says: Aug 29, 2013 5:05 PM

    New players sign a waiver, cant sue. Or, dont play. Goes with the job.

  17. dumbassgreg says: Aug 29, 2013 6:15 PM

    no surprise nfl players settled for pennies. they always have been so weak. nfl is laughing at their players

  18. bighurt228 says: Aug 29, 2013 7:21 PM

    #11. All monies from the settlement will be paid to all injured players, and passed on to the unsuspecting fans. We hope they don’t notice while cheering that the cost of beer, hotdogs, and all food has risen. Also the cost of a ticket has risen by 50.00 per seat. We hope this doesn’t cause any inconvenience.

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