The National Football League announced Monday that it has settled a class-action lawsuit relating to the use of retired players’ images, reports NFL.com.
As part of the settlement, the NFL will contribute $42 million over eight years to a newly established Common Good Fund that will be administered by a group of retired players approved by the court.
The fund will be used to support organizations providing benefits to retired players, including medical, housing and career transition. The announcement was made Monday in Phoenix at the NFL Annual Meeting.
Read the rest of this post on the original site »