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Tuesday, April 19, 2016

$1 Billion Settlement Affirmed - NFL Retired Players Concussion Class Action

"It is the nature of a settlement that some will be dissatisfied with the ultimate result. Our case is no different, and we do not doubt that objectors are well-intentioned in making thoughtful arguments against certification of the class and approval of this settlement. They aim to ensure that the claims of retired players are not given up in exchange for anything less than a generous settlement agreement negotiated by very able representatives. But they risk making the perfect the enemy of the good. This settlement will provide nearly $1 billion in value to the class of retired players. It is a testament to the players, researchers, and advocates who have worked to expose the true human costs of a sport so many love. Though not perfect, it is fair."
IN RE NATIONAL FOOTBALL LEAGUE PLAYERS CONCUSSION INJURY LITIGATION 2016 WL 1552205 (3rd CA 2016) Decided April 18, 2016
"The National Football League (“NFL”) has agreed to resolve lawsuits brought by former players who alleged that the NFL failed to inform them of and protect them from the risks of concussions in football. The District Court approved a class action settlement that covered over 20,000 retired players and released all concussion-related claims against the NFL. "

Qualifying Diagnosis / Maximum Award

  • Level 1.5 Neurocognitive Impairment / $1.5 Million
  • Level 2 Neurocognitive Impairment Parkinson's Disease / $3 Million
  • Alzheimer's Disease / $3.5 Million
  • Death with CTE / $4 Million
  • ALS /$5 Million