Owners ratify concussion settlement, hearing set for October 28

AP

As expected, the league’s owners voted on Tuesday to approve the $765 million settlement of the concussion lawsuits filed against the NFL.

The process now hinges on Judge Anita Brody granting preliminary approval to the deal, which has expanded from more than 4,500 former players to cover all “retired” NFL players as of the date her approval is given.

The hearing, we’re told, has been set for October 28.  If approval is granted, formal notice of the settlement will be sent to all retired players, giving them 90 days to “opt out” of the deal, if they so choose.  Eventually, a formal “fairness hearing” will be held, with any retired players who don’t opt out having a chance to challenge the settlement.

Among other things, the settlement creates a fund of $675 million for players who can demonstrate “severe cognitive impairment.”  Even players who didn’t sue will be eligible for a multi-million-dollar recovery, based on factors such as diagnosis, age, and years of NFL service.

13 responses to “Owners ratify concussion settlement, hearing set for October 28

  1. evilglazers666 says:
    Oct 9, 2013 11:33 AM
    “Good luck with that chump change proposal.”

    Because $765 million is chump change. Right. Dont call it a proposal though, considering the other side deemed it fair enough and accepted it.

  2. Twitter was abuzz last night with comments on League of Denial, one said that the NFL wanted to complete the settlement BEFORE the airing. Why? The agreement includes a non-disclosure clause where the NFL didn’t need to tell about when, or what, they knew about football causing concussions. I hope the judge saw it. She really needs her eyes opened. What the NFL did was horrible. Truly.

  3. gochargersgo says:
    Oct 9, 2013 11:43 AM
    evilglazers666 says:
    Oct 9, 2013 11:33 AM
    “Good luck with that chump change proposal.”

    Because $765 million is chump change. Right. Dont call it a proposal though, considering the other side deemed it fair enough and accepted it.
    —————————————–
    yes, in the grand scheme of things $765 million is chump change. There were 4,500 players involved, divide that equally and it’s $17,000 per player. Is that enough to retire on? does that make up for a life of degenerative mental illness? Players get fined twice that amount for a single hit these days…

  4. Just had thought, the fines for illegal hits should go directly into the player compensation. The way Goodell’s been handing them out this could amount to more than chump change in the very near future.

  5. Oct 9, 2013 11:43 AM
    evilglazers666 says:
    Oct 9, 2013 11:33 AM
    “Good luck with that chump change proposal.”

    Because $765 million is chump change. Right. Dont call it a proposal though, considering the other side deemed it fair enough and accepted it.
    —————————————–
    “yes, in the grand scheme of things $765 million is chump change. There were 4,500 players involved, divide that equally and it’s $17,000 per player. Is that enough to retire on? does that make up for a life of degenerative mental illness? Players get fined twice that amount for a single hit these days…”

    Your math is slightly off, it comes to 170,000 a person. For the actual serious cases, you are correct that this number would not be sufficient. But it will not be divided evenly, more serious patients will receive alot more money. Most of the 4500 are leaching anyways, and undeserving of money. Do you think players such as Pat White, who was a member of the league for only a few (and barely playing) deserve money? Not to mention that more current players were not misled, and were fully aware/warned of the potential consequences. And again, this is what they AGREED to. If anyone has an issue, they can (and will) opt out.

  6. Im also having trouble not laughing at the “enough to retire on” part of your argument. How about the money they made during their careers? You know, the millions they were raking in every year playing in the league they are now suing?

  7. should have got nothing, you signed up to play football.they new risks and sure had no problem getting those pay checks.guess hockey is next!!

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