The NFL has reached a tentative $765 million settlement over concussion related brain injuries among its 18,000 retired players, agreeing to compensate victims, pay for medical exams and underwrite research. A federal judge announced mthe agreement Thursday after months of court ordered mediation. It came just days before the start of the 2013 season.
The NFL admits no wrongdoing in the agreement. Individual awards will be capped at $5 million per player. The panel determining benefits will be independent of the NFL and the players association. The NFL has twenty years to pay the full amount of the settlement.
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