by Bob Walsh
Michigan State has just announced they have reached a settlement with 332 of the victims of former sports physician and now prisoner Larry Nassar.
The settlement totaled $500 million. This amount to $425 million for the current named and known victims and the other $75 million in trust for any victims that have yet to surface.
The U. S. Olympic Committee, USA Gymnastics and former Olympic coaches Martha and Bela Karoly are still being sued in this matter. The news reports I have read to not indicate whether or not the University is on the hook for this, if they have insurance to cover it, or some combination thereof.
No comments:
Post a Comment