Big payout from Penn State
HARRISBURG, Pa. - Penn State says it is paying $59.7 million to 26 young men over claims of child sexual abuse at the hands of former assistant football coach Jerry Sandusky.
The school said 23 deals are fully signed and three are agreements in principle, but did not disclose the names of the recipients.
The school faces six other claims, and the university says it believes some of those do not have merit while others may produce settlements.
University president Rodney Erickson issued a statement calling the announcement a step forward for victims and the school.
Sandusky, 69, has been pursuing appeals while he serves a 30- to 60-year state prison sentence.