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Navajo Nation President Ben Shelly, left, and Navajo Council Speaker Pro Tem LoRenzo Bates announced in May that the tribe had accepted a $554 million settlement of its lawsuit against the federal government. The deal will be formally signed Friday with Obama administration and tribal officials in Window Rock (Photo courtesy the Navajo Nation)

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Navajo Nation to get $554 million in largest-ever settlement with a single tribe

The federal government will pay the Navajo Nation $554 million to settle the tribe's 8-year-old lawsuit claiming that the government mismanaged royalties on tribal mineral resource contracts for decades.