Newport Beach, CA -- The NFL has settled the concussion lawsuit filed by a group of former players.
Under the agreement, the NFL and NFL Properties will contribute $765 million to provide medical benefits and injury compensation for more than 4,500 retired NFL football players or their families.
It will also fund medical and safety research, and cover litigation expenses.
A federal judge says the NFL and more than 4,500 former players want to settle concussion-related lawsuits for $765 million.
The global settlement would fund medical exams, concussion-related compensation and medical research.
The plaintiffs include at least 10 members of the Pro Football Hall of Fame, including former Dallas Cowboys running back Tony Dorsett. They also include Super Bowl-winning quarterback Jim McMahon and the family of Pro Bowl linebacker Junior Seau, who committed suicide last year.
The lawsuits accuse the league of hiding known risks of concussions for decades to return players to games and protect its image.
The NFL has denied any wrongdoing.
Senior U.S. District Judge Anita Brody in Philadelphia announced the proposed settlement Thursday. She still needs to approve the deal, which comes after months of court-ordered mediation.
The Sports Network
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