Michigan State University has reached a $500 million settlement with hundreds of women and girls who say they were sexually assaulted by sports doctor Larry Nassar in the worst sex-abuse case in sports history.
The deal was announced Wednesday by Michigan State and lawyers for 332 victims.
Nassar pleaded guilty to assaulting victims with his hands under the guise of treatment. He also possessed child pornography and is serving decades in prison.
He treated campus athletes and scores of young gymnasts at his Michigan State office. He had an international reputation while working at the same time for USA Gymnastics, which trains Olympians.
Olympic gold medalists Jordyn Wieber, Aly Raisman, Gabby Douglas and McKayla Maroney say they were victims.
The following is a full statement from Michigan State University regarding the settlement:
LOS ANGELES – Attorneys representing 332 survivors of former Michigan State University doctor Larry Nassar in lawsuits against Michigan State University and attorneys for the university announced a global settlement in principle totaling $500 million dollars.
The terms of the settlement are as follows:$425 million dollars will be paid to current claimants $75 million dollars will be set aside in a trust fund to protect any future claimants alleging sexual abuse by Larry Nassar
There will be no confidentiality agreements or non-disclosure agreements attached to the settlement. Additionally, the parties must act to address items necessary to finalize the agreement.
The settlement in principle was agreed to by the MSU Board of Trustees during a conference call held Tuesday night, May 15.
The settlement applies to only Michigan State University and MSU individuals sued in the litigation. It does not address claims against USA gymnastics, the United States Olympic Committee, Bela and Martha Karolyi, Twistars, John Geddert or any other parties.
Survivors’ attorney John Manly said, “This historic settlement came about through the bravery of more than 300 women and girls who had the courage to stand up and refuse to be silenced. We appreciate the diligent efforts of Mick Grewal and the survivors’ attorneys throughout the nation who worked to obtain this measure of justice and healing. We also thank the mediator and all who participated in crafting this settlement. It is the sincere hope of all of the survivors that the legacy of this settlement will be far reaching institutional reform that will end the threat of sexual assault in sports, schools and throughout our society.”
"Michigan State is pleased that we have been able to agree in principle on a settlement that is fair to the survivors of Nassar's crimes,” said Robert Young, special counsel to MSU. “We appreciate the hard work both sides put into the mediation, and the efforts of the mediator, which achieved a result that is responsible and equitable.”
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