Michigan State to pay out $500 million to victims of Larry Nassar

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EAST LANSING, Mich. (AP) (5/16/2018) - Michigan State University says it has reached $500 million settlement with women and girls assaulted by sports doctor Larry Nassar.

The deal was announced Wednesday by Michigan State and lawyers for 332 victims.

Of the total $500 million, $425 million will go to the claimants immediately and the remaining $75 million will be set aside in a trust fund for any future victims who come forward.

The settlement only applies to athletes and students who claim they were sexually assaulted at Michigan State University. It does not cover sexual assault claims Nassar from his work with USA Gymnastics.

Nassar pleaded guilty to assaulting victims with his hands under the guise of treatment. He also possessed child pornography and is serving decades in prison.

He treated campus athletes and scores of young gymnasts at his Michigan State office. He had an international reputation while working at the same time for USA Gymnastics, which trains Olympians.

Olympic gold medalists Jordyn Wieber, Aly Raisman, Gabby Douglas and McKayla Maroney say they were victims.

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