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Monday, February 26, 2024
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Law

USA Gymnastics Reach $380M Settlement with Nassar Victims

  • The roughly 500 abuse victims of Larry Nassar have reached a settlement.
  • The settlement is for $380 million.
USA-Gymnastics-Simone-Biles
Denny Medley-USA TODAY Sports/Design: Alex Brooks

The roughly 500 abuse victims of Larry Nassar have reached a $380 million settlement with USA Gymnastics, U.S. Olympic & Paralympic Committee, and their insurers. 

Nassar, the longtime U.S. gymnastics team doctor, pleaded guilty in 2017 of sexually abusing hundreds of girls and women, including Simone Biles, McKayla Maroney, and Aly Raisman. As a result, he is serving up to 175 years in prison. 

The settlement ends a four-year legal battle and marks one of the largest settlements ever for victims of sexual abuse. 

  • It includes a contribution of about $34 million and a loan of $6 million from the USOPC.
  • Gymnasts from local clubs who received care from Nassar are included. 
  • It contains provisions that require self-identified survivors to have roles in USAG. 

More Settlements and Aftermath

Last year, USA Gymnastics proposed a $215 million settlement that was rejected by John Manly, an attorney who represents roughly 200 victims. An Indiana court also spurned the proposal, in part because it didn’t include funds from the USOPC. 

In 2018, Michigan State University agreed to pay $500 million to 332 girls and women abused by Nassar while he worked at the university. The same year, USA Gymnastics filed for bankruptcy in an effort to compensate the victims.

Once the settlement is finalized, USA Gymnastics is expected to surface from bankruptcy.

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