The NFL and ~4,500 former players have reached a $765 settlement in a concussion lawsuit.
From the official NFL press release (which can be found here - PDF):
Former United States District Judge Layn Phillips, the court-appointed mediator in the consolidated concussion-related lawsuits brought by more than 4,500 retired football players against the National Football League and others, announced today that the parties had reached an agreement that would end the litigation against the NFL and NFL Properties and provide medical and other benefits, as well as compensation, to qualifying injured players or their families.
The agreement came after nearly two months of intensive negotiations under the supervision of Judge Phillips. It will be submitted for approval to United States District Judge Anita B. Brody, who is presiding over these cases in federal court in Philadelphia. Under the agreement, the NFL and NFL Properties will contribute $765 million to provide medical benefits and injury compensation for retired NFL football players, fund medical and safety research, and cover litigation expenses. Attorneys’ fees, to be approved by the district court, will be paid in addition to the settlement amount.
The settlement comes out to around $170,000 per player.
While most fans love the physical nature of NFL games, no one wants to see players in poor health, especially after their career is over. It's a dangerous game. It's no surprise player safety has become a big issue in the NFL.