PITTSBURGH POST-GAZETTE: …The university is reporting on its website that costs alone for legal fees, public relations and other consultants grew to nearly $26 million as of Oct. 31. That figure, along with a $60 million National Collegiate Athletic Association fine and $13 million in bowl revenue stripped away by the Big 10, brings the financial impact on Penn State so far to $99 million.
But that does not include other Sandusky-related expenses either expected or already incurred. It does not, for instance, include the $1.2 million severance portion of a $3.3 million package provided to former Penn State president Graham Spanier, who resigned by mutual agreement five days after Sandusky’s November 2011 arrest.
Nor does it include civil settlements for the roughly two dozen potential child victims of Sandusky, 68, a former Penn State assistant football coach now serving a lengthy prison term for attacks on 10 boys over more than a decade, some occurring on campus. Talks with those victims are ongoing... (more)
