Penn State: $59.7 million to settle claims

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 10/28/2013 4:21 pm

University Park, PA (SportsNetwork.com) - Penn State said Monday it has agreed to pay $59.7 million to settle 26 claims of sexual abuse by Jerry Sandusky.

Terms of the settlements were kept confidential, but the university said 23 are fully signed and three others are agreed to in principle and are expected to be finalized in the next few weeks.

"We hope this is another step forward in the healing process for those hurt by Mr. Sandusky, and another step forward for Penn State," Penn State president Rodney Erickson said in a statement.

"We cannot undo what has been done, but we can and must do everything possible to learn from this and ensure it never happens again at Penn State."

Sandusky was found guilty in June 2012 on 45 of 48 counts charging the former assistant football coach of sexual abuse against 10 boys over 15 years. He was sentenced to 30-60 years in prison.

The university received claims from 32 people alleging abuse by Sandusky. Of the other six, some were rejected as being without merit and some are being considered for possible settlements, the university said.

Penn State believes liability insurance policies will cover the cost of the settlements. The university said none of the money will come from student tuition, taxpayers or donations.

Sandusky's arrest, trial and conviction cast a pall over Penn State and the surrounding area linked so firmly to the university and rocked the football program, leading to the firing of longtime head coach Joe Paterno and heavy NCAA sanctions.

Sandusky, 69, has always maintained his innocence. His appeal for a new trial was denied earlier this month by a Pennsylvania Superior Court panel.

Share
Latest Sports Photos
Latest Sports Photos
0 Votes
Team CHOCOLATE MILK member Owen Hammond recovers post-race with lowfat chocolate milk after finishing 140.6 miles at IRONMAN Chattanooga.

0 Votes
a skydiver was injured when attempting to land in a pre game show at the Lookouts opening game on 4/3/2014

0 Votes
SEC Champions Alabama created by artist Ben Teeter S/N C.O.A. available for the dedicated Alabama fan!

1 Vote
first catch of the season looks like a good year

0 Votes
Gina McLeroy Spring City, TN

0 Votes
Our Son Brandon McLeroy MTSU Football 2011 Gina McLeroy Spring City TN

1 Vote
this is James Howard telling Gracie what to do.

0 Votes
Riverbend fun!

0 Votes
I nees a four letter word for the outside layer of a tree.

0 Votes
Cameron is a rising athlete. He has a God given talent for the game of football. This picture is of him stopping the ball carrier in our game in the ...
Featured Partners
www.eastridgeretirementcenter.com
The newly modeled East Ridge Residence is a must see with its spacious comfortable apartments. Plus, 3 delicious meals daily, geriatric physician, home healthcare services and fun festive activities. Schedule your visit today!
www.ameripriseadvisors.com/james.m.scotchie
Together we can make a confident retirement possible. Simply click to get started with your private wealth advisor. Talk to Jimmy Scotchie, Certified Financial Planner.
www.comcast.com/cable-internet-packages.html
Get started at $79.99 a month for 12 months. Plus, get a $75 VISA® Prepaid card.
 
Supermarket Guru
From The Archives
Scenic City Roots
Through Irish Eyes
Brand News
Prime Mashup
What's Trending
Megan Wise Goes Outside
Stay Connected with WDEF News 12
 
Inergize Digital This site is hosted and managed by Inergize Digital.