The settlement will be paid out to survivors. It's almost double what the organization originally proposed in January 2020.

The FBI made significant errors in investigating sexual abuse allegations against former USA Gymnastics national team doctor Larry Nassar and didn’t treat the case with the “utmost seriousness." That's according to a Justice Department’s inspector general report.

USAG offered two options to the gymnasts: accept $215 million and settle all the claims or reject the offer and pursue their civil lawsuits and collect any judgements.

The $215 million total is the amount the insurance carriers for USA Gymnastics and the United States Olympic and Paralympic Committee are willing to provide in hopes of ending years of legal battles with athletes who were abused by former national team doctor Larry Nassar.

USA Gymnastics has undergone a massive overhaul over the last four years in hopes of addressing the culture that allowed Larry Nassar's abuse to run unchecked for so long.

Former gymnast and NBA executive Li Li Leung says she applied for the job in hopes of helping the organization recover and transform into one that's safe for all athletes.

Four former gymnasts questioned USAG Chief Financial Officer Scott Shollenbarger in testimony that lasted about three hours, but they say they were unsatisfied with the lack of answers.

USA Gymnastics wants to give 40 employees of the organization bonuses of either $1,000 or $5,000.

USA Gymnastics filed for Chapter 11 bankruptcy last month, in an attempt to survive dozens of lawsuits across the country.