Penn State University says fallout from the Jerry Sandusky child sex abuse scandal has cost it more than $49 million for legal fees, consultants, public relations firms as well as a $12 million initial installment on a fine imposed by the NCAA.
The university's updated total stands at $49,433,866 as of June 30, Penn State says in a posting to its website.
In addition to the fine, part of a $60 million penalty, other amounts incurred for services include:
• Freeh Sporkin & Sullivan/Pepper Hamilton LLP: $8,171,039.
• The independent monitor: $1,822,448.
• Board of trustees -- legal services, consulting services and communications: $6,935,865.
• University legal services/defense: $10,900,503.
• Externally initiated investigations: $764,992.
• Indemnified persons' legal defense: $6,720,605.
• Other institutional expenses: $2,118,414.
The total, updated monthly by the university, does not include other costs, including civil settlements with child victims of Sandusky or $13 million in bowl revenue stripped away by the Big Ten.state - psusports