It’s only been a couple of weeks since Bishop Eddie Long reportedly settled the lawsuit against him for sexual impropriety with his young parishioners, and now a report is claiming that it could cost him up to $25 million.
News of the settlement surfaced last week with reports stating that the exact amount of the settlement is confidential, however some news outlets estimated it out to be around $15 million dollars initially. According to the Redding News Review:
What began as a $2 million agreement to settle the case for each of the four men quickly rose to $5.5 million for the respective plaintiffs, the source said, only because Long refused to publicly admit guilt.
The men are to divide $2.2 million equally and then receive $400,000 in payments until the money is paid out over the next 20 years, the source said. The final figure comes to $22 million for the four men and $2.8 million for the plaintiffs attorneys.
The church had already been paying these four young men $40,000 annually each before any charges were filed, the source said.