By Adam Lidgett Law360 (October 24, 2019, 3:12 PM EDT) — Life Spine Inc. and two executives have agreed to pay nearly $6 million total toread More
News, NFL Concussion
NFL Concussion Settlement Claims Exceed $500 million, Surpassing NFL’s Ten-Year Projections in Less Than Two Years
Philadelphia, PA – The NFL concussion settlement has surpassed its ten-year monetary award projections, with 521 claims totaling more than $502 million now approved since the process opened in March 2017, according to the latest report released today by the Court-appointed Claims Administrator. The NFL, in a report submitted to the court as part of the settlement approval process, had estimated it would pay $404 million in the first ten years of the settlement.
Additionally, 7,343 Baseline Assessment Program (BAP) appointments have been scheduled, with 6,040 attended. The BAP provides eligible former NFL players baseline neuropsychological and neurological assessment examinations to determine whether they suffer from any neurocognitive impairments.
“The fact that $500 million in claims have been approved in less than two years proves that this settlement is fulfilling its promise to former NFL players and their families,” said Christopher Seeger, co-lead class counsel for the former NFL players. “We encourage all eligible former players to immediately sign up for a baseline assessment, and they can take comfort in knowing that compensation will be available for more than 60 years if they develop a qualifying condition. We will continue to hold the NFL accountable and ensure every former player receives the benefits they deserve.”
Since the settlement took effect on January 7, 2017, it has provided a wide range of benefits to retired NFL players and their families, including baseline testing as well as an uncapped compensation fund for retired players suffering from conditions such as dementia, Alzheimer’s, Parkinson’s or ALS.
The Claims Administrator publishes an updated claims report weekly, which can be found at NFLConcussionSettlement.com.
Co-lead class counsel for the former NFL players, Christopher Seeger of Seeger Weiss LLP, also explains the importance of this milestone in a video that can be viewed here.