Friday, August 30, 2013

HCR Update from Mark Sanna: The National Football League has agreed to pay $765 million to settle a lawsuit brought by more than 4,500 players and their families, largely closing the legal front in the league’s battle against accusations that it concealed what it knew about the dangers of repeated hits to the head. The settlement, announced Thursday, will be seen as a victory for the league, which has nearly $10 billion in annual revenue and faced the possibility of billions of dollars in liability payments and a discovery phase that could have proved damaging if the case had moved forward.

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