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NFL agrees to pay $765 million to settle lawsuit

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Updated: 8/29/2013 3:51 pm
(NBC News) A major development between the NFL and 4,000 former players who are suing the league over concussion related health problems.

Today a judge declared the NFL has agreed to pay $765 million to settle the lawsuits without admitting liability.

Under the proposed deal, the NFL will pay about $675 million to compensate former players who have suffered cognitive injury like chronic traumatic encephalopathy, Alzheimer's disease, and dementia.

From the amount, $75 million will be used for baseline medical test and $10 million for concussion research and education.

More than 4,500 former players sued the NFL.

Ten of them are members of the pro football hall of fame including Dallas Cowboys running back Tony Dorsett super bowl winning quarterback Jim McMahon, and the family of pro bowl linebacker Junior Seau, who committed suicide last year.

The lawsuits accuse the NFL of intentionally hiding the risks of concussions to return injured players to the field and protect the league's image.

Former Eagles running back Kevin Turner-who suffers from ALS praises the deal, ending lawsuits that had the potential to drag on for years.

"This settlement is a very important step," Turner said.

Turner says it will ensure that future generations of football players will not suffer.

NFL Vice President Jeffrey Pash calls the settlement "an important step" that builds on the "significant changes" the league has made recently "to make the game safer..."

A federal judge must approve the proposed settlement before it goes into effect.

If approved about 18,000 former players will be eligible to file compensation claims.

-- Chris Pollone, NBC News reports

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