No Approval Yet for $765M Settlement in NFL Concussion Case
(PHILADELPHIA) -- A federal judge in Philadelphia has put off approval of a $765 million settlement over concussion claims by retired NFL players.
Citing her concern that $765 million is too little to cover the claims of current and future injured players, Judge Anita Brody says she wants to see more analysis, despite the months of negotiations to produce the settlement amount.
The money needs to last 65 years, and there are an estimated 20,000 retired players who may need coverage. Someone with Parkinson’s is supposed to get $3.5 million; someone with ALS would receive $5 million. At those levels, Judge Brody said it is difficult to see how all the retired players with a qualifying diagnosis could get paid.
She said the NFL failed to provide its analysis and supporting evidence to show how the numbers work out. In the absence of that evidence, the judge has “concerns about the fairness, reasonableness and adequacy of the settlement,” she said.
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