By Tracy Connor, Staff Writer, NBC News
Penn State announced Monday it will pay $59.7 million to settle claims by 26 young men who said they were sexually abused by former assistant football coach Jerry Sandusky, capping a year of negotiations.
The university said six claims are still outstanding. It has rejected some of them and is in talks to settle the others.
“We hope this is another step forward in the healing process for those hurt by Mr. Sandusky, and another step forward for Penn State,” University President Rodney Erickson said in a statement.
“We cannot undo what has been done, but we can and must do everything possible to learn from this and ensure it never happens again at Penn State.”
Sandusky is serving 30 to 60 years in prison after being convicted of 45 counts of child sexual abuse last year. He is appealing.
The scandal led to the firing of legendary head coach Joe Paterno, who died five months later.
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