NFL Concussion Lawsuit Settlement Funding and Help Center
Legal-Bay, The Lawsuit Settlement Funding Company, is a leader in funding all types of mass tort litigation and large class action settlement cases. Legal-Bay is now funding and assisting ex-NFL players with getting them the financial assistance and legal guidance they may need while they try to understand how the NFL concussion settlement will resolve itself; as well as providing assistance for player involved in the NFL Pain Killer Pills lawsuit.
NFL Concussion Suit
In July 2011, Seventy-five former NFL players filed a lawsuit in Los Angeles, California Superior Court alleging that the league has covered up the harmful effects of concussions since the 1920s. Former Miami Dolphins wide receiver Mark Duper and former New York Giants running backs Otis Anderson and Rodney Hampton were among the first litigants in what was an explosive lawsuit filing.
In the original claim, the plaintiff’s alleged that the NFL commissioned a study in 1994, titled "NFL Committee on Mild Traumatic Brain Injury" and published a report in 2004, concluding there was "no evidence of worsening injury or chronic cumulative effects" from multiple concussions. The suit contends that this was a false and misleading report to cover up the real damaging effects of concussions and Mild Traumatic Brain Injury, in an effort to protect the NFL brand. And, the suit alleges, it was not until June, 2010, that the NFL acknowledged concussions can lead to dementia, memory loss, CTE and related symptoms. All of the players are claiming they suffered injuries as a result of multiple concussions.
At the time of the filing many experts were unsure what type of shift –if any- that the NFL would take based on the traction of more players filing suit that were similarly situated as the original plaintiffs. By 2013 over 4500 ex-players filed suit against the league and an initial settlement was reached in late 2013, though that settlement was denied approval by a Philadelphia, PA Federal Court Judge, Anita Brody, while plaintiffs and some attorneys questioned the fairness of the settlement amount. Specifically, Judge Brody did not feel the long term care financial assistance would be insufficient in the first settlement terms.
In August of 2014, the landmark settlement was finally approved for the same $765MM; however with two (2) changes: 1. The settlement funds for treatment would be “uncapped” and last for a period of 65 years for all retirees that qualified satisfying Judge Brody; and 2. The NFL could now appeal any claims that it felt could be subject of fraud (the original settlement had a limit to appeal the NFL could make). It is the 2nd part of the equation that concerns many legal experts and some NFL Hall of Famers; and is the reason why Legal-Bay believes that the ultimate payment to many concussion victims could be delayed for years. Legal-Bay has seen these appeal tactics being used in the B.P. Oil Spill litigation and has caused delays for years for plaintiffs in that case, which was featured on CBS’s 60 Minutes in late 2014.
In fact many ex-players and Hall of Famer’s have been very skeptical of the settlement and have gone on the record of voicing their displeasure with the deal. Ex-Buffalo Bill Hall of Famer, Joe Delamielleure said, "They will put more money into it (settlement), but how are you going to access the money? The owners also have unlimited appeals. They're going to delay, deny and hope we die. That's what they're going to do.” The outspoken Delamielleure has been on record saying he will advise any of his ex-players to reject the settlement agreement.
Junior Seau Family Opts-Out of NFL Concussion Settlement Agreement
In September of 2014 the family and estate of Junior Seau that is suing the NFL for traumatic brain injury that caused him to commit suicide, has decided to Opt-out of the settlement saying the $4MM settlement range (as well as other legal issues) is not adequate and at this time intends to fight the case in court to find out the truth about what the NFL knew about Concussion symptoms. Legal-Bay believes the legal and medical wrangling is just beginning and most NFL plaintiffs will not see any settlement funds until mid-2015 or 2016 after independent medical reviews and all appeals are exhausted.
If you or a loved one is involved in the NFL Concussion litigation and need a lawsuit settlement funding cash advance up to $250K, feel free to apply right now for a free case evaluation in the upper right hand part of this page and an agent will contact you shortly; or to speak with a live agent feel free to call Legal-Bay’s toll free hotline at: 877.571.0405 where live agents are always available to answer your questions.
Not Represented by a Lawyer yet?
Over 18K retirees are eligible for possible settlement funds. It will cost you nothing to speak with a lawyer to ascertain if you have a claim by obtaining a free case evaluation by an experienced NFL Concussion lawyer or NFL concussion law firm that Legal-Bay works with. Feel free to contact Legal-Bay by visiting our contact us page and either calling us directly at: 877.571.0405 or by simply filling out an application on the upper right of this page.
Proposed Terms and Conditions of the NFL Concussion Lawsuit Settlement Agreement
A Settlement of a class action lawsuit was reached with the NFL and NFL Properties and retired NFL players, their representatives and family members. The retired NFL players sued, accusing the NFL of not warning players and hiding the damages of brain injury. On July 7, 2014 the Court granted preliminary approval of this Settlement.
Retired players, legal representatives of incapacitated or deceased players, and families of deceased players may be eligible to receive benefits from this Settlement. The proposed settlement provides for three benefits:
1. Baseline medical exams for retired NFL players;
2. Monetary awards for diagnoses of ALS (Lou Gehrig’s disease), Alzheimer’s Disease, Parkinson’s Disease, Dementia and certain cases of chronic traumatic encephalopathy or CTE (a neuropathological finding) diagnosed after death; and
3. Education programs and initiatives related to football safety. All valid claims for injury will be paid in full for 65 years. Retired players, their legal representatives and family members do not have to prove that the players’ injuries were caused by playing NFL football to get money from the Settlement. A proposed maximum dollar amount for each level of claim is listed below for each Qualifying Diagnosis before any adjustments are made.
MAXIMUM AWARD AVAILABLE
Monetary awards may be increased up to 2.5% per year during the 65-year Monetary Award Fund term for inflation.
To receive the maximum amount outlined in the table, a retired player must have played for at least five Eligible Seasons and have been diagnosed when younger than 45 years old.
You will be able to register for benefits after the Court grants final approval of the Settlement with your law firm which is expected to occur in late 2014 or early 2015. If you or a loved one would like a pre-settlement cash advance or settlement cash advance once your final settlement figure is known; or if you are an ex-NFL player who has played for 5 years in the League and have brain injuries and need an NFL concussion lawyer, feel free to fill out the form on the upper right hand side of this page. To speak with a live agent, feel free to contact our 24 hour toll free hotline at: 877.571.0405 where live agents are always available to assist you.
In order to contact Legal-Bay you may either fill out the pre-application on the upper right of this page or by calling Legal-Bay’s toll free hotline at: 877.571.0405.
1. The minimum payback period is 6 months – We do not invest in cases with payback periods of less than 6 months. Our maximum APR on a 6 month lawsuit settlement funding payback, including all fees, is 29% annually.
2. The maximum payback period is 36 months – We do not charge usage fees past 3 years, which means you will not be charged any additional money past 36 months. However, if your case does not settle within 36 months you are not obliged to repay us until it officially does. Our maximum APR on a 36 month lawsuit settlement funding payback, including all fees, is 25% annually.
3. CLICK HERE to view example of cost of funding, including all fees, and final payback on a lawsuit settlement funding