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Archives for December 10, 2012

Sandusky tab thus far: $23.5 million

Posted on December 10, 2012 Written by The Nittany Turkey

The Freeh Report, along with various and sundry other legal and administrative expenses in the wake of the Sandusky scandal have cost Penn State University a small fortune thus far—and the meter is still ticking.

Laura Nichols of StateCollege.com reports that the bill to date has been $23,547,634. That figure is already out of date by over two months due to reporting lag. However, it does not include any part of the $60 million fine imposed by Emmert the Weak and his NCAA cronies. The University has to pay the first $12 million installment by December 20. Neither does it include any compensation to “the vicccctimmmmmmms,” which is expected to be — well, more potential millions.

Some of the items included are, of course, the Freeh Report, as well as costs of university legal defense, externally initiated investigations, and legal defense for Schultz, Curley, and Spanier. Nichols’ article called the last category “Indemnified Persons’ Legal Defense*”, presumably something that came from the Penn State Progress web site, which offers a FAQ page relating to the costs. (Asterisks leading to nowhere are a pet peeve of my lady, Artificially Sweetened.)

So, I went to “Progress” and found where the asterisk went:

* The Bylaws of Penn State state that “except as prohibited by law, every trustee and officer of the University shall be entitled as of right to be indemnified by the University against expenses (including counsel fees) and any liability (including judgments, fines, penalties, excise taxes and amounts paid in settlement) paid or incurred by such person in connection with any actual or threatened claim, action, suit or proceeding, civil, criminal, administrative, investigative or other.” Article 5, Section 2.

Instead of whining to the retirement system for reinstatement of a pension he doesn’t deserve, Sandusky should be saving up his cigarettes for paying back the University for a portion of the cost of the crap he created. Fucking pervert!

 

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Filed Under: Penn State Scandal Tagged With: Freeh Report, legal fees, NCAA sanctions

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The Nittany Turkey is a retired techno-geek who thinks he knows something about Penn State football and everything else in the world. If there's a topic, we have an opinion on it, and you know what "they" say about opinions! Most of what is posted here involves a heavy dose of hip-shooting conjecture, but unlike some other blogs, we don't represent it as fact. Read More…

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