Cost of Jerry Sandusky Scandal Tops a Staggering $50 Million
The latest numbers have been released and the cost of the Jerry Sandusky scandal has now passed the $50 million dollar mark. Penn State says it has spent a total of $50,459,828 as of July 31. That's according to the latest update posted on the Penn State progress website.
That figure is $1,025,962 more than the previous update which was reported for the period ending on June 30. Nearly $575,000 of the increase was attributed to a category called "University Legal Services/Defense."
The university releases the totals as the invoices come in. It typically takes about 45 days for the updates to be calculated.
University Spokesperson David La Torre says the university does not comment on these expenditures.
Sandusky, the former Penn State defensive coordinator, was convicted in June 2012 on 45 counts of child sex abuse. He is currently serving a sentence of 30 to 60 years.
The fees, as compiled by Penn State, are as follows:
- NCAA Fine: $12,000,000
- Freeh Sporkin & Sullivan/Pepper Hamilton LLP: $8,171,177
- Independent Monitor: $1,944,968
DLA Piper, LLP (NCAA Monitor)
- Board of Trustees - Legal Services, Consulting Services and Communications: $7,127,085
Reed Smith LLP
Kekst and Company Inc.
Daniel J. Edelman, Inc.
The Academy Group
Ethics Resource Center
- University Legal Services/Defense: $11,474,838
Lanny J. Davis and Associates
Jenner & Block, LLP
Lee, Green & Reiter Inc.
Document Technologies, Inc.
White and Williams, LLP
Feinberg Rozen, LLP
- Externally Initiated Investigations: $842,042
Margolis & Healy
Lightfoot, Franklin, White LCC
Guideposts Solutions LLC
- Indemnified Persons' Legal Defense: $6,780,790
Farrell & Reisinger
Caroline M. Roberto
Vaira & Riley
Schnader, Harrison, Segal & Lewis, LLP
Gover, Perry & Shore
Gentile Meinert Assoc/CSI
Fox Rothschild LLP
Hamburg & Golden, P.C.
Cohen & Grigsby
Dinsmore & Shohl
Robert A. Leonard
General Indemnified Persons' Defense
- Other Institutional Expenses: $2,118,928
Total as of July 31, 2013: $50,459,828