A federal judge has given final approval to a class-action lawsuit settlement between the National Football League and thousands of former players, the league said.
The agreement provides up to $5 million per retired player for serious medical conditions associated with repeated head trauma.
While the lawsuit was a combination of hundreds of actions brought by more than 5,000 ex-NFL players, the settlement applies to all players who retired on or before July 7, 2014. This also applies to the family members of players who died before that date. There will be no cap space on the amount money that is awarded to players. All claims will be paid in full for 65 years.
There are several categories, based on a doctor’s diagnosis, with maximum payments ranging from $1.5 million to $5 million. For instance, an ex-player who is diagnosed with Alzheimer’s or Parkinson’s disease could receive up to $3.5 million.