Friday, June 26, 2026
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.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Olympic rings in Paris

The Biggest Betting Moment in Olympic History

‘If you put a line on anything that’s televised, people will bet.’
Jun 30, 2024; Minneapolis, Minnesota, USA; Simone Biles reacts after being selected for the 2024 U.S. Olympic Women's gymnastics team during the U.S. Olympic Team Gymnastics Trials at Target Center.

USA Gymnastics’s Key Pre-Olympic Investment

Upping athletes’ mental health resources could be a secret weapon for success.

DOJ to Pay $100 Million to Gymnasts Over FBI Failures

The reported settlement brings victim payouts to nearly $1 billion.

Gymnasts Seek $1B from FBI for Failing to Stop Nassar

Several gymnasts are seeking more than $1 billion from the FBI for its mishandling of sexual assault allegations against Larry Nassar.
podcast thumbnail mobile
Front Office Sports Today

6/25/26 – Austin Reaves’s Record Deal, IOC to Pay Every Olympian, Taylor Swift’s MSG Wedding, College Eligibility Lawsuits

0:00

Featured Today

Italian Americans Have Severe World Cup FOMO

Bars and restaurants in Boston, Philly, and beyond are missing the Azzurri.
Indiana Fever guard Lexie Hull (10) celebrates a three-point basket Monday, June 22, 2026, during the game at Gainbridge Fieldhouse in Indianapolis. The Indiana Fever defeated the Phoenix Mercury, 86-77
June 24, 2026

Female Athletes Are Trying to Build the ‘Athleisure of Beauty’

“Performance cosmetics” have emerged alongside the women’s sports boom.
June 18, 2026

Why U.S. Open Host Sites Are on a 25-Year Plan

The U.S. Open has already picked out 22 future sites through 2051.
Wisconsin Badgers forward Laila Edwards, left, and defender Caroline Harvey celebrate after Edwards scored against the Minnesota Gophers in the first period in a game Saturday, February 8, 2025, at LaBahn Arena in Madison, Wisconsin.
June 15, 2026

Two Rookies Are Rewriting Women’s Hockey Stardom

Their platforms are a mutual boon for the PWHL and its players.
Ai sports slop
June 5, 2026

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
Jun 11, 2026; Washington, D.C., USA; The UFC octagon ”The Claw” on the White House South Lawn during a press tour for the UFC Freedom 250 at White House. Mandatory Credit: Per Haljestam-Imagn Images
June 12, 2026

Judge Rejects Bid to Stop UFC White House Show

The judge cited UFC’s $60 million spend while siding with the government.
Jun 10, 2026; New York, New York, USA; A general view of the court and videoboard after game four of the 2026 NBA Finals between the San Antonio Spurs and New York Knicks at Madison Square Garden.
June 17, 2026

MSG Hit With Class Action Lawsuit Over Apparent Data Breach

The suit says MSG Entertainment has a “tempestuous history with respect to data privacy.”
Sponsored

How Daktronics Is Reshaping the Modern MLB Ballpark Experience

The technology powering baseball’s next chapter.
New Mexico United fans wave the team's flag at the Locomotive's home opener game Saturday, March 19, 2022, at Southwest Univerity Park in El Paso, Texas.
Exclusive
June 12, 2026

Trump Admin Targets New Mexico With Prediction-Market Lawsuit

New Mexico is the eighth state recently sued by the CFTC.
June 10, 2026

DOJ Pushes Back on Legal Fight to Halt UFC White House Event

The government highlights what it sees as a “starkly mismatched balance of harms.”
June 9, 2026

Two More Elite Sprinters Sue Puma Over Shoe Injuries

Sprinters Champion Allison and Damion Thomas Jr. both sued Puma.
Exclusive
June 8, 2026

Saudi Arabia’s Sela Sues Fanatics Studios Over Flag Football Event

The suit currently remains under seal.