Jerry Falwell Jr. and the Board of Trustees of Liberty University announced Friday that they have reached a global resolution agreement settling all outstanding disputes on both legal and personal matters.
“This agreement is grounded in a firm commitment to protecting and preserving Liberty’s original mission of developing Christ-centered men and women with the values, knowledge, and skills essential to impact the world. It is based on a mutual understanding regarding the amount Liberty University will pay its former president in authorized retirement and severance under the various disputed agreements and in keeping with the law; and the conditions under which the University will make use of Dr. Jerry Falwell, Sr.’s name, image, and likeness.” The university said in a statement.