The settlement reached between the NFL and a huge list of retired players has been revised this week. The initial version, which was rejected, called for $765 Million. Now the revised version has removed the cap to ensure that all players to agree to the settlement can be paid adequately. At least 18,000 former players are involved with the suit, many of whom claim to have suffered multiple concussions. Among the high-profile plaintiffs is former Chicago Bears quarterback Jim McMahon who claims he suffers from dementia as a result of the excessive level of violence he endured as a professional athlete.
While the settlement isn't perfect, it's a lot better now that the nearly 20,000 former players affected should receive at least some money (via Sporting News):
"The lead lawyers for the players, Christopher Seeger and Sol Weiss, said it perfectly in their statement about the revised settlement: It gives the players and their families 'peace of mind.'
"The idea that a retired player who could later find himself facing what the Tony Dorsetts and Jim McMahons face-or what the Dave Duersons and Junior Seaus faced-might have seen the money already run out by the time they need it? It would be inexcusable."
The lawsuit is one of several being launched against the NFL. This one was largely about excessive concussions received by players over the years. The players seem to think that the NFL profited from their blood, sweat and tears while leaving them high and dry (via NBC Sports):
"Today's agreement reaffirms the NFL's commitment to provide help to those retired players and their families who are in need, and to do so without the delay, expense and emotional cost associated with protracted litigation. We are eager to move forward with the process of court approval and implementation of the settlement."
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