The National Football League and counsel for the retired player plaintiffs announced today a revised settlement agreement in the NFL concussion litigation pending in the U.S. District Court for the Eastern District of Pennsylvania. In the revised agreement the NFL’s obligations under the monetary award fund will not be capped at any specified amount.
This means that once the compensation program is established funds will be available to any retired player who develops a qualifying neurocognitive condition.
Several months of work by U.S. District Judge Anita Brody results in the removal of the original $675 million cap. Citing her skepticism on $675 million as a large enough value to cover all players and future players.
Similar with the settlement announced last year, the revised settlement will provide a variety of benefits to retired NFL players, including funds to cover all retirees with a comprehensive medical exam and follow-up benefits. This new agreement ensures that funds will be available to any retired player.
The settlement will impact any player and any injury – not just concussions.
The agreement also provides that the NFL will set aside $10 million for education on concussion prevention
“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.
“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.
The announcement by the NFL has been highly anticipated. Especially for the 4,500+ former players who have filed a lawsuit including Hall of Fame quarterback Dan Marino.