Penn State asks NCAA, state officials to settle $60M dispute
Penn State is asking the NCAA and state officials to settle litigation over who will control the $60 million it must pay for child abuse prevention as part of a consent agreement it entered into nearly a year ago.
Penn State attorney Frank Guadagnino wrote to other attorneys Tuesday, saying the school had no desire to get involved in pending state and federal court battles.
The university intends to hold the first $12 million installment until the NCAA asks for it, according to the four-page letter.
Guadagnino is offering to meet with the parties if they think the university can help settle the matters.
The NCAA is pursuing a federal court challenge to a new state law that requires the money stay in Pennsylvania.
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