The NFL has reached an agreement with 4,500 former players who were suing the league in concussion related lawsuits. $765 million will be split among the players – $24 million per team basically. That breaks out to each player – or their family- receiving $170,000 each. The NFL is to pay 50% of settlement over the first 3 years and the balance over the following 17 years.
The NFL is not admitting to any wrong doing and said safety has always been the first priority.
The suit was launched in 2011 and involved about one-third of the 12,000 players who have been involved in the NFL.