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August 29, 2013 10:31 PM

With concussion settlement, NFL heads off a big legal battle

The NFL agreed Thursday to spend $765 million to settle a lawsuit from more than 4,500 former players — what became known in football circles as The Concussion Lawsuit. On the surface, $765 million sounds enormous — three-quarters of a billion! — but in the NFL world, it amounts to tip money. The total settlement figure is about 8 percent of the league’s revenue from last year, or around one month of income.

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