Sex Assault Scandal Could Cost Baylor Up to $223 Million, New Report Says

The Baylor University sexual assault scandal could cost the school as much as $223 million in costs and lost revenues, according to an estimate released Tuesday.The school is expected to spend millions on settlements, fines, Title IX improvements and legal and public relations fees, all while losing about $100 million in private donations through 2019, the report projects.The analysis represents a best-guess estimate unaffiliated with the university. It was paid for by Bears for Leadership Reform, or BLR, a group of alumni and donors who want more transparency from the school's leadership."In a perfect world, the board of regents would be facing the cameras today and facing the news and letting the members of the Baylor family know the cost of this tragedy that has occurred on their watch," BLR president John Eddie Williams, a prominent donor for whom the stadium's football field is named, said during a news conference Tuesday.   Continue reading...