According to NBC News a federal judge on Tuesday declined to approve the NFL’s $765 million settlement over brain injuries, saying it might not be enough money to cover benefits for 20,000 retired players.
“I am primarily concerned that not all retired NFL football players who ultimately receive a qualifying diagnosis or their (families) … will be paid,” wrote U.S. District Judge Anita Brody.
Brody asked for more financial analysis from both parties in her 12-page opinion on why she denied, for now, approval of the deal.
“Even if only 10 percent of retired NFL football players eventually receive a qualifying diagnosis, it is difficult to see how the Monetary Award Fund would have the funds available over its lifespan to pay all claimants at these significant award levels,” Brody wrote.
Reached shortly before the start of the regular season, the National Football League had hoped the proposed settlement, which was negotiated over several months, would put to rest a barrage of lawsuits.
More than 4,500 have been filed – claiming professional football caused concussions and other brain injuries that then set off dementia and other diseases — and some of the lawsuits accused the NFL of fraud in how it handled concussions. MORE…