The Penn State board of trustees has approved a number around $60 million to settle a majority of the claims made by people claiming convicted serial child molester Jerry Sandusky sexually abused them, sources have told The Legal.

The Legal had initially reported that the board had approved a figure in excess of $30 million but significantly short of $100 million to resolve the claims. However, numerous sources familiar with the negotiations have confirmed that the board has authorized a number somewhere in the close proximity of $60 million to settle with most of the plaintiffs.

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