The university, saying it had concluded negotiations that have lasted about a year, said 23 deals have been signed while three are agreements in principle, the report said.
Sandusky was convicted in June 2012 on 45 counts of child sex abuse. He was sentenced to 30 to 60 years in prison.
A 267-page review by former FBI Director Louis Freeh blamed late head coach Joe Paterno, former university President Graham Spanier, suspended Athletic Director Tim Curley and ex-Vice President Gary Schultz for allegedly taking part in a cover-up to avoid bad publicity.
The scandal led to Spanier’s ouster and shocked the nation after Freeh’s team concluded that the school’s top administrators had “empowered” Sandusky, the former defensive coordinator for the football team, to continue his abuse.
In July 2012, the NCAA levied unprecedented sanctions against the university, including a fine of $60 million. It also stripped 14 seasons of football victories from Paterno.
Paterno died in 2012, his iconic reputation in tatters.