Penn State University said that it has opened negotiations with 20 people who have accused Jerry Sandusky, Former Penn State University assistant football coach, of sex-abuse and are seeking liabilities from the University for knowingly protecting the convicted pedophile.
Sandusky might have been sentenced to 30 years in prison, but the sex-abuse scandal that rocked the reputable Penn State University is not over. The university faces heavy financial punitive consequences, according to the SB Nation Pittsburg, the university will have to settle with at least 20 accusers. This is double the number of those that testified in the Sandusky trial in May.
There is no specific number on how much the following will cost the institution. Never the less there is a huge monetary onus on the institute.
A September report by Reuters Penn State University incurred a cost of nearly $17 million in legal fees and other related expenses in the infamous child-sex abuse case involving former assistant football coach, Jerry Sandusky.
According to the report, the university spent around $10 million in internal investigation and crisis communications, $4 million in university legal services and defense and approximately $1.2 million in miscellaneous expenses. In addition to these expenses, the university has to pay $60 million in fines placed on it by the National Colligate Athletic Association.
In July, the NCAA announced that Penn State University would be charged a $60 million fine for its role in the cover-up of the Jerry Sandusky child sex-abuse scandal. The decision comes after the agency reviewed the Freeh report, an FBI investigation report that revealed top university officials including the head football coach, Joe Paterno and Athletic Director Tim Curly involved in obscuring former PSU assistant football coach Sandusky in various child sex-abuse allegations.
In addition to the huge fine, the NCAA is taking away all Paterno wins since 1998 and slapping the university with a four year post football season ban. In addition, the NCAA grants any current player at PSU to transfer immediately and become eligible to play anywhere else.
Sandusky was sentenced to between 30 to 60 years in prison in the child sex-abuse case in which the 68-year-old was convicted of abusing 10 young boys over the span of 15 years.
At the sentencing, Judge John Cleland, said that Sandusky would be in jail "for the rest of your life," he went on to add "The crime is not only what you did to their bodies but to their psyches and their souls and the assault to the well-being of the larger community in which we all live," as reported by NBC News.
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The Joe Paterno Book by Joe Posnanski: Penn State University Football Coach Paterno "Despised" Child-Molester and Assistant Football Coach Jerry Sandusky
