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All I read was the ESPN article, but I'd guess it's not a $10 million case and maybe not even a $1 million case. Generally speaking, the more permanent the injury the better the chance of a recovery. Unless I am reading the article wrong, he played that season. I am not sure what permanent...

Every lawsuit, even bad ones, has a settlement value, particularly when each entity is insured. Chances are that the kid will likely walk away with something.