The NFL’s $1 billion concussion settlement was just upheld on appeal

1 billion dollar NFL concussion settlement upheld

The National Football League is still on the line for $1 billion. A federal appeals court on Monday ruled that the $1 billion concussion settlement with former players was a “fair, if not perfect” agreement.

A group of players in the NFL had originally objected to the deal after it was approved in April 2015 by US District Judge Anita Brody.

The players who objected to the settlement said it did not cover potential victims of degenerative brain diseases that scientists have linked to repeated blows to the head.

“It is the nature of a settlement that some will be dissatisfied with the ultimate result,” Circuit Judge Thomas Ambro wrote for a three-judge panel of 3rd U.S. Circuit Court of Appeals in Philadelphia.

“But they risk making the perfect the enemy of the good,” they added.

The NFL recently admitted that repeated concussions caused by football injuries were negatively affecting many players in the league and many former players who suffer from degenerative brain disease.

Written by Peter Mondrose

Peter Mondrose

Peter Mondrose is the Editor-In-Chief at BusinessPundit. He received his degree in Economics in 1998 and a second degree in Journalism in 2004. He has served as a financial adviser, market trader, and freelance journalist for the last 11 years. When he's not investigating market conditions and reporting on workplace news, he can be found traveling with his wife, dog, and laptop. He can be reached at PeterMondrose@BusinessPundit.com or (929) 265-0240.