Larry Nazar victims | 380 million deal with US sports authorities

The Wall Street Journal on Monday reported that former US women’s gymnastics team doctor Larry Nasser’s victims are receiving $ 380 million after a deal with the (Los Angeles) Federation, the US Olympic and Paralympic Committee (USOPC) and their insurance companies.

The deal, which was confirmed in a trial in federal bankruptcy court in Indianapolis, ended a five-year legal battle.

Larry Nasser, 58, was convicted of sexually assaulting 250 minor gymnasts at Michigan State University and the Gymnastics Club while working in gymnastics, USA, but was convicted in 2017 and 2018 and sentenced to life in prison.

After Michigan State University signed a compensation agreement with more than 300 victims in 2018, $ 500 million, the largest compensation to be awarded to victims of sexual harassment, will be paid after it is pledged to settle in 2018.

The most famous, Olympic gold medalists Simone Byles, Ali Riceman and McCaila Meroni testified at the Senate hearing in September. In addition to describing the abuse they experienced, they also blamed officials of the American Gymnastics Federation, USOPC and the Federal Police (FBI) for preventing sexual harassment by a former doctor.

A punishment chapter to write

“This historic deal concludes another chapter in the Larry Nazar scandal. Survivors have now received a total of $ 880 million in compensation for their pain and suffering at the hands of this monster, with the organizations that allowed him, ”said John C., a senior lawyer representing the victims. Manly responded.

“There is one more chapter to write a criminal prosecution against FBI agents who failed to investigate and arrest Nasser, as well as members of USA Gymnastics and USOPC conspiring with them to obstruct the investigation,” John Manley concluded.

Rachel Denholander, the first woman to publicly accuse Nasser in 2016, welcomed the deal. “This chapter is finally over. Now the hard work of reform and reconstruction can begin. Whether justice will be done and change will depend on what happens next ”.

The American Gymnastics Federation filed for bankruptcy in 2018, with Nasser drowning due to a large number of lawsuits brought by victims.

According to the WSJ, the deal could be struck on Monday after the insurance company agrees to pay a “substantial portion” of the TIG compensation. The deal includes $ 34 million in direct payments from USOPC, as well as a $ 6 million loan from USOPC to USA Gymnastics.

Finally, as part of the agreement, the victim of this sexual harassment will be appointed to the board of directors of the American Gymnastics Federation.