NFL reaches concussion settlement

Reportedly $765 million split among 4,500 former players.

http://www.cbssports.com/nfl/eye-on-football/23380915/report-nfl-former-players-reach-settlement-in-concussion-lawsuit

 

Average of $170,000 per.

 

Other outlets are saying it's $675m.

Edit: Like this ...

@Rachel__Nichols
This is HUGE: NFL settles w/players suing over concussions. $675 mil will go to the ex-players. Another $85 mil for treatment/research

 

Yeah, that is huge.

But who was suing -- the NFLPA or private (aka contingency) lawyers? If it's the latter, I'll be surprised if players get six figures.

What I read into this is the league does NOT want an open courtroom to display everything it has known and hidden for the last two decades. Also have to believe PBS/ESPN situation was related.

 

Add the money for research and the money paid is 5m off the number cbs had.

 

The NFL only has to pay half within the next three years, the rest will be spread out over the next 17 years.

This thing is beginning to look like a big win for the NFL.

 

The retired players did present and future players no favors here. The NFL's dirty laundry needed to be aired in public.

 

Beginning? This is a huge win for the NFL.

 

When I saw the dollar amount, I thought it was a win for the NFL. Going deeper, it looks bigger and bigger.

 

Agreed. The NFL got off light here. NoOneLikesUs is correct. The players involved in this let the NFL get off far too easy.

 

As the victim of numerous concussions, I selfishly wish the ratio of money-to-victims and money-to-research was reversed; that said, it's a good day.