USA Gymnastics Offers $215 Million To Larry Nassar Survivors

USA Gymnastics is offering to pay $215 million to settle lawsuits brought against it by more than 500 survivors of Larry Nassar's sexual abuse.

Nassar is the former team doctor for USA Gymnastics and Michigan State University. He's currently serving what's effectively a life sentence after he pleaded guilty to sexual assault charges and possession of child pornography.

Those lawsuits were put on pause back in December 2018, when USA Gymnastics filed for bankruptcy. 

The $215 million is the amount insurers for USA Gymnastics are willing to pay to resolve the claims. Under a plan filed Thursday with a U.S. bankruptcy court in Indiana, the survivors will now be asked to vote on whether to accept the offer or choose to continue negotiations, with the hope of getting a larger settlement payment. 

If they were to accept the offer, each plaintiff would receive $250,000 to $300,000 on average. One of their lawyers described the plan as "laughable" to The Washington Post. 

Michigan State University already paid $500 million to settle its lawsuits with just over 330 survivors in 2018.