The NFL’s stalled concussion settlement with 4,500 former players appeared to pick up steam again Wednesday when the league agreed to lift the cap on money available to eligible victims. Under the new agreement, the NFL must pay claims for the next 65 years while no longer limiting the fund for those payments to $675 million. That ceiling had been a sticking point for the settlement in the eyes of the federal judge in Philadelphia overseeing the case. U.S. District Judge Anita Brody had rejected the initial agreement in large part because of concerns about its long-term funding. In return for lifting the cap, the NFL received the right to appeal any claim if it considers the claim fraudulent. The league had been limited to 10 appeals per year under the initial settlement.
NFL agrees to blank check to pay concussion damages
New York Post | Jun 26