• Loading stock data...
Friday, November 15, 2024
Want a chance to win $250? Take a few minutes to complete our survey and help us improve with your feedback! Take the Survey
Law

USA Gymnastics’ $425M Proposed Settlement with Abuse Survivors

  • USA Gymnastics and a committee representing gymnasts abused by Larry Nassar reached a deal on a $425 million settlement.
  • The settlement must still be approved by multiple parties and a bankruptcy court.
Denny Medley-USA TODAY Sports/Design: Alex Brooks

USA Gymnastics and a committee representing survivors of those abused by Larry Nassar have reached a proposed settlement that will see the governing body dole out $425 million to approximately 500 gymnasts.

Nassar, the former team doctor of the U.S. gymnastics team, sexually abused hundreds of girls and women, including Simone Biles, McKayla Maroney, and Aly Raisman. In 2017, he pleaded guilty in a Michigan court to sexually abusing 10 minors and is serving up to 175 years in prison.

  • In 2018, Michigan State University agreed to pay $500 million to 332 girls and women abused by Nassar while he worked at the university.
  • Last year, USA Gymnastics proposed a $215 million settlement, which was rejected by many victims. A court also rejected the proposal, in part because it did not include funds from the United States Olympic & Paralympic Committee.
  • The current proposal includes remedial measures insisted on by the survivors committee to prevent such abuse and its enabling from happening again.

To be finalized, the settlement needs approval from the U.S. Bankruptcy Court for the Southern District of Indiana, a majority of claimants representing at least two-thirds of the settlement, and every insurance company involved, including the one that insures Martha and Bela Karolyi.

The Karolyis own the Karolyi ranch, a training center where some of the abuse took place. USA Gymnastics agreed to purchase the training facilities at the ranch for $3 million in 2016 but backed off the next year after reports surfaced of gymnasts’ accusations against Nassar.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Vanderbilt Commodores quarterback Diego Pavia (2) throws the ball as Auburn Tigers take on Vanderbilt Commodores at Jordan-Hare Stadium in Auburn, Ala., on Saturday, Nov. 2, 2024. Vanderbilt Commodores defeated Auburn Tigers 17-7.

Vandy QB Pavia Sues NCAA for 2 More Years of Eligibility

Diego Pavia beat Alabama. Can he beat the NCAA’s eligibility rules?

Lululemon-Fanatics Collab With NHL Sees ‘Explosive’ First-Day Sales

The premium collection made up 80% of all NHL merch sales.
Feb 1, 2024; Toronto, Ontario, CANADA; Team King defender Savannah Harmon (15) scores against Team Kloss goaltender Nicole Hensley (29) during the PWHL 3-on-3 Showcase during NHL All-Star Thursday at Scotiabank Arena.

PWHL Will Add Two Teams in Expansion Move

Possible new sites include Detroit, Pittsburgh, and Quebec City.
Running back Kalel Mullings (20) celebrates a touchdown against USC with teammates during the second half at Michigan Stadium in Ann Arbor on Saturday, Sept. 21, 2024.

House v. NCAA Lawyers Amend Settlement to Address Concerns About Boosters and NIL

Judge Claudia Wilken had concerns about the definition of the word “booster.”
podcast thumbnail mobile
Front Office Sports Today

NBA and TNT Want to Make It Work

0:00

Featured Today

How Women’s Sports Could Change in the Next Trump Era

Under the president-elect, Title IX could change drastically.
Former President Donald Trump waves to the crowd as he exits the putting green with his aide Walt Nauta, left, during the final round of the LIV Golf Bedminster golf tournament at Trump National Bedminster on Sunday, Aug. 13, 2023.
opinion
November 9, 2024

Trump Win Puts Sports Back in the White House

With Trump back in the White House, sports get more political again.
Members of the NY Giants run onto the field to start the game between the New York Giants and the Washington Commanders at MetLife Stadium in East Rutherford on Sunday, Nov. 3, 2024.
November 8, 2024

The NFL Is Becoming the League With No Borders

Where will the NFL go next? International expansion will only get bigger.
November 5, 2024

NFL Center Connor McGovern Is the Heir to a Potato Empire

The NFL vet’s family provides potatoes for McDonald’s, Wendy’s, and others.
Jul 8, 2021; Phoenix, Arizona, USA; Phoenix Suns owner Robert Sarver reacts during the second half in game two of the 2021 NBA Finals at Phoenix Suns Arena. Mandatory Credit:

Former Suns Employee Sues Team Over Wrongful Termination, Retaliation

Andrea Trischan was the team’s former DEI program manager.
Brett Favre and Donald Trump
November 7, 2024

What Donald Trump’s Win Means for Welfare Probe, Brett Favre

Favre spoke at Trump’s rally last week in Green Bay, Wis.
November 8, 2024

Michael Jordan’s Team Loses Bid for Temporary Injunction Against NASCAR

The teams can still compete, but will miss out on certain guarantees.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
October 25, 2024

Everything You Need to Know About the Kawhi Leonard Lawsuit

A longtime trainer of Leonard’s is suing the Clippers for wrongful termination.
Oct 22, 2024; Los Angeles, California, USA; Los Angeles Lakers guard Bronny James (9) and forward LeBron James (23) warm up before a game against the Minnesota Timberwolves at Crypto.com Arena.
October 24, 2024

LeBron and Bronny James Target of Lawsuit Over 2022 Car Crash

They made history Tuesday as the NBA’s first father-son teammates.
Apr 3, 2022; Arlington, TX, USA; WWE owner Vince McMahon enters the arena during WrestleMania at AT&T Stadium.
October 23, 2024

Former WWE ‘Ring Boys’ Allege Vince McMahon ‘Allowed’ Sexual Abuse

The suit claims the WWE and the McMahons “failed these boys.”
Former UFC fighter Cung Le
October 23, 2024

Judge Allows Reworked $375 Million Settlement for UFC Fighters to Move Forward 

Hundreds of fighters could start to see six-figure payouts next year.