NFL reaches historic settlement in concussion case

NFL reaches historic settlement in concussion case
August 29, 2013, 12:45 pm
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Associated Press

PHILADELPHIA (AP) -- A federal judge says the NFL and thousands of former players hopes to settle concussion-related lawsuits for $765 million.

[PFT: Highlights of the concussion settlement]

The proposed settlement comes days before the season starts and would fund health screenings, medical compensation and research. Any of the approximately 18,000 former NFL players are eligible.

The plaintiffs include Hall of Famer Tony Dorsett, Super Bowl-winning quarterback Jim McMahon and the family of Pro Bowler Junior Seau, who committed suicide.

[PFT: Q and A regarding NFL's concussion settlement]

Individual awards would be capped at $5 million for men with Alzheimer's disease; $4 million for those diagnosed with chronic traumatic encephalopathy after their deaths; and $3 million for players with dementia.

The lawsuits accuse the league of hiding known risks of concussions.

[Yahoo!'s Shutdown Corner: Historic settlement in concussion case]

The NFL says Commissioner Roger Goodell told lawyers to ''do the right thing for the game and the men who played it.''