(Bloomberg) – The National Football League's $765 million concussion settlement was given the all-clear by a federal appeals court.

The ruling sets in motion the resolution of thousands of lawsuits covering more than 20,000 retired players. About 1% of players opted out of the settlement, which is to compensate players for head injuries over the next 65 years.

The U.S. Court of Appeals in Philadelphia issued its ruling Monday upholding a trial judge's approval last year.

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