Penn State's Sandusky settlements total nearly $93 million

[RUschool]

http://www.northjersey.com/news/penn-state-s-sandusky-settlements-now-total-nearly-93m-1.1463900

I believe there are still outstanding claims related to Sandusky. The legal bills must be outrageous.

 

[ruready4somefootball_rivals]

Yet they can put a much better product on and off the field of play. Some of these schools have an unending amount of money to run operations.

 

[MADHAT1]

Found this ( from 2013):
>The settlement amounts will not be funded by student tuition, taxpayer funds or donations, according to officials. The University maintains various liability insurance policies, which the University believes cover the settlements and defense of claims brought against Penn State and its officers, employees and trustees. Expenses not covered by insurance are expected to be funded from interest revenues related to loans made by the University to its self-supporting units.<

http://news.psu.edu/story/293049/2013/10/28/administration/settlements-announced-sandusky-victims

 

[Kbee3]

That's gotta be a real pain in the butt for the Nittany Lions.

 

[BigRnj]

Might have a GoFundMe with healthy donations from the legions of WeAre Joe Pa apologists