About four months after negotiations began, many of the young men who were abused (or claim to have been abused) by Jerry Sandusky have submitted settlement offers to Penn State, according to the attorney who was hired to handle the discussions. That number could be as high as 30 victims, per USA Today.
Ken Feinberg told the AP yesterday that he made Penn State administrators and the Board of Trustees aware of the ongoing deliberations during a meeting on Friday.
According to Feinberg, Penn State has been in talks with 28 men — 20 more than the eight that testified against Sandusky last June in Bellefonte. About 25 of those 28 have reportedly sent Penn State settlement offers, according to the Centre Daily Times.
Penn State is expected to act on the offers in the next few weeks.
For a university that’s already over $25 million in the hole in scandal-related costs, these next few months won’t be a good time financially for Penn State. Some have estimated that total costs could eventually reach $100 million, and it sure looks like we’re headed that way.