CNN will pay $76 million in back pay to a group of former video contractors whose contract was terminated in 2003, according to a settlement signed Friday.

The money, which will go to more than 300 former contractors, is the largest monetary remedy in the history of the NLRB and is more money than the board typically collects in an entire year, according to its news release.

The workers were represented by two union locals of the National Association of Broadcast Employees and Technicians-Communications Workers of America when CNN terminated the contract. The news channel then hired nonunion employees to do the same work, according to the NLRB.