Michigan State settled with hundreds of Larry Nassar’s victims on Wednesday, agreeing to set aside $500 million — $425 million to be paid now and $75 million to be held in reserve in case more survivors step forward.
Nassar, a former Spartans physician, was convicted of sexually abusing more than 300 patients under the guise of medical treatment. He committed the same crimes while serving as a doctor for USA Gymnastics and will serve the rest of his life in prison.
Michigan State will now turn its attention to gathering the necessary funds for the settlement, university spokeswoman Emily Guerrant told the Detroit Free Press’ David Jesse and Gina Kauffman.
“I don’t think they can ever be made whole, but this is a step in the right direction,” survivors’ attorney Jamie White said of the victims.
“There will be no confidentiality agreements or non-disclosure agreements attached to the settlement,” according to a joint press release from the survivors and the university. “Additionally, the parties must act to address items necessary to finalize the agreement. 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.”