Sandusky Saga Costs Penn State $45.9 Million
It’s that time of the month again — the monthly update of the Penn State Progress website to reflect the latest costs of the Sandusky scandal to Penn State. As of March 31 — the most recent update — the university has handed over $45,881,904 for scandal-related expenses.
Penn State has directly spent about $1.4 million over the last three months. Here’s the breakdown from StateCollege.com.
NCAA Fine: $12,000,000
Freeh Sporkin & Sullivan/Pepper Hamilton LLP: $8,159,083 Freeh Report expenses
Independent Monitor: $1,495,182 Cost for athletic integrity monitor George Mitchell mandated by the NCAA.
- DLA Piper, LLP
Board of Trustees – Legal Services, Consulting Services and Communications: $6,200,980
- Reed Smith LLP
- Kekst and Company Inc.
- Daniel J. Edelman, Inc.
- Domus Inc
- The Academy Group
- Guidepost Solutions
University Legal Services/Defense: $9,724,432
- Saul Ewing
- Duane Morris
- Lanny J. Davis and Associates
- Jenner & Block LLPML Strategies
- Lee, Green & Reiter Inc.
- McQuaide Blasko
- Document Technologies, Inc.
- White and Williams, LLP
- Feinberg and Rozen, LLP
Externally Initiated Investigations: $615,155
- Margolis & Healy
- Lightfoot, Franklin, White LCC
- Buchanan Ingersoll
- Saul Ewing
Indemnified Persons’ Legal Defense: $5,802,541 These are costs associated with the legal defense for former Penn State administrators Gary Schultz, Tim Curley and Graham Spanier.
- Farrell & Reisinger
- Caroline M. Roberto
- Vaira & Riley
- Schnader Harrison, Segal & Lewis LLP
- Gover, Perry, & Shore
- Gentile Meinert Assoc
- Fox Rothschild LLP
- General Indemnified Persons’ Defense
- Various Vendors
Other Institutional Expenses: $1,884,531
Total as of Dec. 31, 2012: $45,881,904