A ruling by the 3rd U.S. Circuit Court of Appeals in Philadelphia approving a class action settlement may cost the National Football League $1 billion. The settlement, which is expected to cover more than 20,000 retired football players over the course of 65 years, releases all concussion-related claims against the NFL. The settlement includes an uncapped, inflation-adjusted monetary award fund that will remain in place for 65 years and provide compensation for retired players with certain diagnoses. It also includes a $75 million baseline assessment program that provides eligible retired players with free examinations of their objective neurological functioning, and a $10 million education fund to teach players about injury prevention.
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