Sexual assault lawsuits against Michigan State University regarding gymnastics doctor Larry Nassar have been settled to the tune of $500 million, the Detroit Free Press reports. 

An attorney representing dozens of women who sued the college told the Free Press that the settlement will be officially announced later on Wednesday. 

Approximately 300 women accused Nassar of sexual assault, including Maggie Nichols, a native of Little Canada, Minnesota.

"Recently, three of my friends and former National Team members who medaled at the 2012 Olympics have bravely stepped forward to proclaim they were sexually assaulted by USA Gymnastics Team Physician Dr. Larry Nassar. Today I join them," Nichols wrote in a letter she submitted to a Michigan judge in January.  

It's unclear if Nichols is among the the recipients of the settlement or how much she could receive. 

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Along with admitting he sexually assaulted female gymnasts, Nassar has pleaded guilty to multiple charges of child pornography in federal court –he's accused of possessing more than 37,000 images.

In December, he was sentenced to 60 years in prison for the child porn charges, and he received an additional 40-125 years in prison for the sexual abuse charges.