USA Gymnastics, USOPC reach $380M settlement with victims
COLORADO SPRINGS (AP) — USA Gymnastics and the U.S. Olympic and Paralympic Committee have reached a $380 million settlement with hundreds of victims of sexual abuse.
This puts an end to one aspect of the fallout of the largest sexual abuse scandal in the history of the U.S. Olympic movement.
The settlement conditionally approved in federal bankruptcy court also includes some nonmonetary provisions dedicated to making the victims stakeholders in the USA Gymnastics going forward. The vast majority of the 500-plus victims voted in favor of the settlement.
Rachel Denhollander, the first woman to detail sexual abuse at the hands of former USA team doctor Larry Nassar, says the lawsuit wasn’t about the money but the hope of effecting change within the organization.
More than 300 victims were abused by Nassar, with the remaining victims abused by individuals affiliated with USA Gymnastics in some capacity.