Penn State Paying $60M To Victims

Penn State’s board of trustees have authorized roughly $60 million in payments to about two dozen men who say they were sexually abused by former assistant football coach Jerry Sandusky, according to a report in the Wall Street Journal.

The report says the university has reached agreements in principle to settle with about 25 out of some 30 claims, according to people familiar with the matter.

The school announced Friday it had reached tentative settlements with several men but didn’t include dollar amounts or the number of cases. The 69-year-old Sandusky is serving a 30- to 60-year prison term after his 2012 conviction on 45 counts of child sexual abuse.