The NFL has reached a new settlement with regards to their retired players concussion related injury claims.
The league originally set a cap of $675 million to pay out to former players who suffered from neurological problems believed to be brought on by concussions during their professional career.
According to the Associated Press, the new settlement agreed to on Wednesday is designed to last at least 65 years. The settlement also eliminates a provision that barred anyone who receives concussion payout from the NFL from suing the NCAA or any amateur football league.
More than 4,500 former NFL players including Tony Dorsett and Jim McMahon, who suffers from dementia, have filed suit against the NFL claiming fraud for their handling of concussions.
While the overall cap has been removed, amounts paid to individual players will remain the same with amounts being paid out gradually declining. According to the new agreement, a young retiree with ALS would receive $5 million, a 50 year old with Alzheimer's disease would get $1.6 million and an 80-year-old with early dementia would get $25,000.
Despite the new agreement, the proposal still does not include an admission from the NFL that it hid information from players about head injuries.
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