Sandusky-related fines, consulting costs and legal bills now top $50 million at Penn State

Share with others:

Print Email Read Later

Penn State University today reported another threshold crossed as it wrestles with fallout over the Jerry Sandusky child sex abuse scandal: The school's legal bills, consulting fees and fines now top $50 million.

The $50,459,828 spent as of July 31 is the most current figure available from the university. It is about $1 million more than when Penn Sate last updated those costs on its website a month ago.

The latest tally includes the first $12 million installment paid on a $60 million NCAA fine, but it does not include all costs associated with the scandal. Total financial impact acknowledged by Penn State to date is $111.5 million in fines, lost bowl revenue and fees, not counting settlements with child victims of Sandusky, a former assistant football coach at Penn State now serving a 30- to 60-year prison term.

According to Penn State, the costs paid in addition to the first NCAA fine installment include:

* Freeh Sporkin & Sullivan/Pepper Hamilton LLP: $8,171,177

* DLA Piper, LLP (Independent Monitor): $1,944,968

* Board of Trustees - Legal Services, Consulting Services and Communications: $7,127,085.

* University Legal Services/Defense: $11,474,838

* Externally Initiated Investigations: $842,042

* Indemnified Persons' Legal Defense: $6,780,790

* Other Institutional Expenses: $2,118,928.

Penn State has said it expects at least some of the costs will be reimbursed through insurance.

education - breaking - state - psusports

Bill Schackner:, 412-263-1977 and on Twitter: @BschacknerPG First Published October 14, 2013 3:58 PM


Create a free PG account.
Already have an account?