Nassar victims reach $380 million settlement with USA Gymnastics, U.S. Olympic and Paralympic Committee

WASHINGTON, DC - SEPTEMBER 15: U.S. Olympic gymnasts Aly Raisman, Simone Biles, McKayla Maroney and NCAA and world champion gymnast Maggie Nichols leave after testifying during a Senate Judiciary hearing about the Inspector General's report on the FBI handling of the Larry Nassar investigation of sexual abuse of U.S. gymnasts, on Capitol Hill, September 15, 2021 in Washington, DC. (Photo by Saul Loeb - Pool/Getty Images) (SAUL LOEB, 2021 Getty Images)

The sexual abuse victims of national gymnastics team physician Larry Nassar have reached a settlement.

USA Gymnastics, the U.S. Olympic and Paralympic Committee, and their insurers have agreed to fund a $380 million settlement, according to victims’ attorney John Manly.

“This historic settlement ends another chapter in the Larry Nassar scandal. Survivors have now received a total of $880 million in compensation for their pain and suffering at the hands of this monster and the institutions who enabled him, Michigan State University, USA Gymnastics and the US Olympic and Paralympic Committee,” reads a statement from Manly on Monday. “These organizations spent more than $100 million on corporate lawyers to evade their legal and moral responsibility. We prevailed for one simple reason, the courage and tenacity of the survivors. These brave women relived their abuse publicly, in countless media interviews, so that not one more child will be forced to suffer physical, emotional, or sexual abuse in pursuit of their dreams. There is one more chapter yet to be written, the criminal prosecution of the FBI officials who failed to investigate and stop Nassar together with the USAG and USOPC officials who conspired with them to impede the investigation. We will continue to pursue justice on behalf of the hundreds of little girls and young women who were molested as a direct result of their obstruction of justice.”

This draws to a close a 5-year legal battle. The sum is among the largest ever recorded for victims of sex abuse and includes hundreds of athletes who were assaulted over three decades.

The sexual abuse victims of national gymnastics team physician Larry Nassar have reached a settlement.

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Dave Bartkowiak Jr. is the digital managing editor for ClickOnDetroit.