Money expert tapped for $765M NFL concussion case

By: AP Email
By: AP Email

PHILADELPHIA (AP) -- A judge overseeing the NFL concussion litigation has appointed a financial expert to advise her on the proposed $765 million settlement.

Perry Golkin, co-founder of Public Pension Capital Management in New York, will be a special master.

The NFL and retired players announced a deal in August that would cover 19,000 retired players.

Senior U.S. District Judge Anita Brody in Philadelphia must now weigh the proposed terms at a fairness hearing.

Awards would reach $5 million for athletes with Lou Gehrig's disease or $3 million for dementia cases, and include medical testing.

In a joint statement, the two sides welcomed Golkin's appointment Monday and hoped for prompt approval of the settlement.

Golkin, a longtime Kohlberg, Kravis, Roberts & Co. executive, holds business and law degrees from the University of Pennsylvania.


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:
WEAU 13 NEWS 1907 S. Hastings Way Eau Claire, WI 54701 By Phone: Main Number (715) 835-1313 and (715) 832-3474. Tip Line (715) 839-WEAU - (715) 839-9328 Sports Line (715) 852-1537
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 236256061 - weau.com/a?a=236256061
Gray Television, Inc.