USA Gymnastics, U.S. Olympics Committee to Pay $380 Million to Victims of Larry Nassar’s Sexual Abuse

Olympians Simone Biles, Aly Raisman and McKayla Maroney will receive payment in the settlement. (Saul Loeb/POOL/EPA-EFE/Shutterstock)

USA Gymnastics and the US Olympics committee agreed Monday to give $380 million to victims of Larry Nassar’s sex abuse, the Wall Street Journal reported.

Gold medalists like Simone Biles, Aly Raisman and McKayla Maroney will receive money in the settlement after it was revealed that team doctor Nassar had been repeatedly abusing gymnasts like the three for decades.

Nassar, 58, a former Michigan State University and USA Gymnastics doctor, has been accused of sexual abuse under the guise of medical treatment by more than 260 women. He will rot in prison until death with sentences totaling hundreds of years for criminal sexual conduct and child pornography convictions.

Ending a five-year legal battle, the agreement is the largest ever for sex abuse victims, according to the WSJ, which said TIG Insurance Company will pay a majority of the sum.

USA Gymnastics filed for bankruptcy in 2018, unable to deal with the volume of lawsuits the organization was facing. Former gymnasts have since ripped the organization for being complicit in the abuse. The FBI also came under fire for its role in the investigation when the DOJ’s inspector general found the bureau made mistakes that allowed Nassar to keep abusing dozens of girls before he was finally arrested.

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SOURCE: New York Post, Ben Kesslen