- Feb 5, 2002
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Liberty University has agreed to pay its former president, Jerry Falwell Jr., $15 million as part of a settlement agreement following his resignation and a sex scandal.
Although the two parties announced a settlement last year, the details of the agreement between the prominent Evangelical Christian institution and Falwell had remained undisclosed.
On Tuesday, USA Today reported that a tax form shows that the Lynchburg, Virginia-based university is set to pay Falwell around $5.5 million to settle litigation and about $9.7 million for his retirement package.
Continued below.
www.christianpost.com
Although the two parties announced a settlement last year, the details of the agreement between the prominent Evangelical Christian institution and Falwell had remained undisclosed.
On Tuesday, USA Today reported that a tax form shows that the Lynchburg, Virginia-based university is set to pay Falwell around $5.5 million to settle litigation and about $9.7 million for his retirement package.
Continued below.

Liberty to pay Jerry Falwell Jr. $15 million in settlement after high-profile resignation
Liberty University has agreed to pay its former president, Jerry Falwell Jr , 15 million as part of a settlement agreement following his resignation and a sex scandal
