Judge Denies Approval of NFL Concussion Settlement
Jan. 15, 2014 -- Preliminary approval of a $765 million settlement of concussion claims involving NFL players was denied Tuesday by a federal judge due to concerns it would not be enough to cover 20,000 retired players.
A week ago, players' lawyers gave the payout plan to U.S. District Judge Anita B. Brody to review. In her opinion released Tuesday, the judge asked for more financial information from the parties, the Associated Press reported.
"I am primarily concerned that not all retired NFL football players who ultimately receive a qualifying diagnosis or their (families) will be paid," Brody wrote in her opinion.
The proposed settlement was negotiated over several months and is meant to last 65 years. Individual payouts would be based on a retired player's age and diagnosis. For example, a younger retired player with Lou Gehrig's disease would receive $5 million, while one with serious dementia would get $3 million, and an 80-year-old with early dementia would get $25,000, the AP reported.
More than 4,500 former players have filed suit against the NFL, and some have accused the league of fraud for the way it dealt with concussions.