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Penn State to pay $59.7M to 26 Sandusky victims

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  • Penn State to pay $59.7M to 26 Sandusky victims

    Penn State will pay $59.7 million to 26 sexual abuse victims of former assistant football coach Jerry Sandusky, the school said Monday.

    The terms of the settlements include confidentiality agreements, the school said in a press release. Of the 26 settlements, 23 are signed and three are agreements in principle, with final documentation expected within the next few weeks.

    "The Board of Trustees has had as one of its primary objectives to reach settlements in a way that is fair and respects the privacy of the individuals involved," Keith Masser, chair of the Board of Trustees, said in a statement. "This is another important milestone in accomplishing that goal."

    University President Rodney Erickson called the agreements "another step forward in the healing process for those hurt by Mr. Sandusky, and another step forward for Penn State."

    Harrisburg lawyer Ben Andreozzi, who represents nine of the victims, said he was pleased with the settlements.

    "Obviously no amount of money can compensate for what these young men have gone through," he said. "But Penn State has given them the resources — financially and counseling — they need to help them recover."

    Andreozzi said he has three more victims he has yet to present to Penn State because "it's not a good time" in their treatment.

    No settlements will be funded by student tuition, taxpayer funds or donations, the university said. Expenses not covered by insurance are expected to be funded from interest revenues related to loans made by the school.

    Penn State has rejected some of the six remaining claims as being without merit and has engaged others in possible settlement discussions. Penn State has spent more than $50 million on other costs related to the Sandusky scandal, including lawyers' fees, public relations expenses, and adoption of new policies and procedures related to children and sexual abuse complaints.
    So, about $2.3M per person on average, though I'm sure those amounts vary wildly amongst the plaintiffs. Probably not really enough in a lot of cases, considering that those people will be living with this and dealing with this for the rest of their lives, but hopefully it can at least pay for some therapy and other such needs for the victims.
    It's been ten years since that lonely day I left you
    In the morning rain, smoking gun in hand
    Ten lonely years but how my heart, it still remembers
    Pray for me, momma, I'm a gypsy now

  • #2
    The cover-up should have destroyed the University athletic program and the judgement should have forced all of the various foundations to be liquidated and had to start over.
    "Faith is nothing but a firm assent of the mind : which, if it be regulated, as is our duty, cannot be afforded to anything but upon good reason, and so cannot be opposite to it."
    -John Locke

    "It's all been melded together into one giant, authoritarian, leftist scream."