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The University of Michigan has agreed to terms on a $490 million settlement with over 1,000 people who were allegedly sexual assaulted by a sports doctor who worked at the school for over 40 years. According to the Associated Press, attorney Parker Stinar revealed that 1,050 people were involved in the settlement, which was reached on Tuesday.

The lawsuits stated that Dr. Robert Anderson, who died in 2008, sexually assaulted people -- including the school's athletes -- during routine medical examinations.

"It has been a long and challenging journey, and I believe this settlement will provide justice and healing for the many brave men and women who refused to be silenced," Stinar told the AP.

Stinar clarified that $460 million of the settlement will go to the victims while $30 million will be for any future accusers that may come forward.

Anderson worked at the University of Michigan from 1966 until he retired in 2003. During that time, Anderson was the director of the school's Health Service and a physician for multiple sports teams at the school, including football. Several athletes have spoken out and claimed that they were abused by Anderson.

The $490 million settlement is one of the largest in the wake of a sexual abuse scandal at a college. Michigan State awarded a $500 million settlement to over 300 women who were assaulted by Larry Nassar. He worked at the school and was a doctor for USA Gymnastics.