The NHL has reached a tentative non-class settlement in the concussion lawsuit filed by former players, the league announced Monday.
The lawsuit, filed in 2016, alleges that the NHL promoted a style of play that led to head trauma while failing to adequately warn players about the risks of such injuries or improve measures for preventing them.
The NHL agreed to a maximum settlement of $18,922,000, to be distributed as follows:
The NHL settlement, according to docs: $16,910,800.00. Here's how it breaks down financially: pic.twitter.com/DHr6EuxqHA
— Greg Wyshynski (@wyshynski) November 12, 2018
The league noted that it doesn't acknowledge liability for the players' claims.
"However, the parties agree that the settlement is a fair and reasonable resolution and that it is in the parties’ respective best interests to receive the benefits of the settlement and to avoid the burden, risk, and expense of further litigation," the NHL's statement said.
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