Per Jason Hirschhorn at SB*Nation:
Following years of legal haggling, most of the retired NFL players eligible have decided to accept the terms of the NFL concussion settlement, according to a report by ESPN’s Outside the Lines. Tuesday is the deadline for players not satisfied with the proposed settlement to opt out and pursue the case in court on their own outside of the original class. OTL claims that out of more than 18,000 plaintiffs, “as little as a few dozen — and no more than a few hundred” will actually decline the settlement.
With the majority of eligible players expected to accept the terms of the settlement, it increases the likelihood that Federal District Judge Anita Brody will grant approval at a fairness hearing in November.
Brody rejected the original $765 million settlement proposal due to concerns of insufficient funding. The NFL subsequently agreed to an unlimited settlement that includes cash payments and medical monitoring. However, a number of plaintiffs in the case have argued that the unlimited settlement is compromised by a complex set of criteria for determining eligibility for compensation. For instance, the settlement does not cover players diagnosed with CTE after July 7 or recognize tests for CTE among living players (something that researchers have only recently been able to do).
Plaintiffs who choose not to accept the settlement can choose to opt out and pursue the legal fight on their own, or they can object and make the case that Judge Brody should reject the deal. While few retired players will decline the settlement, that should not be mistaken for satisfaction with the terms. As OTL notes, this may simply be the best of an unfavorable situation…
More info at the link. Any thoughts?