Friday, February 15, 2013 1:13 pm
Penn State: Scandal costs stand at more than $27M
The Associated Press
An updated figure as of November 2012 was provided this week on a university website. It includes a $13 million price tag for board of trustees communications and the internal investigation into the scandal by former FBI Director Louis Freeh.
Freeh's findings released last summer were the subject of renewed scrutiny earlier this week after Joe Paterno's family released an extensive response conducted by its own experts. The late coach's family said the report was flawed and said Freeh made unfounded accusations that Paterno acted to cover up allegations against Sandusky.
Sandusky, a former assistant football coach under Paterno, is serving a prison term for 45 counts of child sexual abuse involving 10 boys. He maintains his innocence.
Among other Penn State costs, nearly $7.5 million went to university legal services or defense, including the law firm representing the university to facilitate settlements with people who have told the school they suffered damages related to the Sandusky scandal.
About $4 million covered other legal defense fees including those for three school ex-administrators facing criminal charges related to the scandal.
University insurance policies should reimburse some of the fees and costs, but Penn State has said it won't dip into tuition dollars, state appropriations or donations.
The $27.6 million total doesn't include the first of five $12 million annual installments, paid by athletics in December, to begin covering the $60 million fine handed down by the NCAA as part of its landmark sanctions.