Michigan State University has reached a global settlement of $500 million dollars with the 332 survivors of former sports doctor Larry Nassar.

Attorneys representing the victims announced the settlement Tuesday. $425 million dollars will be paid to current claimants, and $75 million dollars will be set aside in a trust fund to protect any future claimants alleging sexual abuse by Larry Nassar.

No confidentiality agreements or non-disclosure agreements will be attached to the settlement.

Source: Michigan State University reaches $500,000,000 settlement with Nassar survivors | Michigan Radio