Judge Approves NFL Settlement

The NFL concussion settlement is moving forward. Monday a judge granted preliminary approval to the deal.
The decision comes two weeks after the NFL agreed to remove the $675 million cap. Judge Anita Brody questioned whether the cap amount would suffice in covering all players in the settlement for years to come.
More than 4,500 players have filed suit against the NFL regarding their handling of concussions over the years. The settlement is supposed to last for 65 years and covers players who develop dementia, Alzheimer's and other neurological problems.
The original settlement which was for just over $870 million,  included $675 million for compensatory claims, $75 million for baseline testing and $10 million for education and research with an additional $112 million paid to the players lawyers.
The new settlement only removes the cap for compensatory damages paid to players. However, a payout formula for the amounts to compensate players remains in tact. A young retiree with Lou Gehrig's disease would receive $5 million, a 50 year old with Alzheimer's would receive $1.6 million and an 80 year old with early dementia would receive $25,000.