Tag Archives: payout
Earlier this week, the NFL and lawyers representing the thousands of former players in the settlement of concussion-related claims filed a document explaining how victims of head trauma would be compensated under the terms of their agreement.
The document, which still must be approved by Federal Judge Anita Brody, would offer as much as $5 million to each player who qualifies for top-level awards under a formula that would consider age, the number of seasons played, and whether injuries after retirement might have contributed to their cognitive disorders.
The payout would max out for players under 45, who have played five or more seasons and require extensive treatment over their lifetimes for conditions such as Parkinson’s disease or amyotrophic lateral sclerosis (ALS).
Christopher Seeger and Sol Weiss, one of the lead attorneys for the plaintiffs, issued the following statement: “This is an extraordinary settlement for retired NFL players and their families – from those who suffer with severe neurocognitive illnesses today, to those who are currently healthy today but fear they may develop symptoms decades into the future.”