Pennsylvania State University has reached its first settlement agreement with a sexual abuse victim of Jerry Sandusky, worth millions of dollars, the Philadelphia Inquirer reported.

25 more settlements are expected, most of which will reportedly be announced early this week, but the first, with a 25-year-old Philadelphia man known as "Victim 5," was announced Sunday.

Penn State's Board of Trustees allocated $60 million for settlements because the school does not wish to take any cases to court. One year ago, when Sandusky was convicted of 45 criminal counts, Penn State announced they wished to handle the settlements quickly and fairly.

Victim 5's settlement is believed to be important for the other settlements because of when his abuse took place. Victim 5 was assaulted six months after the Aug. 2001 incident where then-graduate-assistant Mike McQueary witnessed Sandusky raping a boy in the locker room showers.

Michael K. Rozen, a lawyer hired by Penn State, called Victim 5's incident "pivotal" in negotiating settlements with other victims because it happened so soon after the initial report by McQueary.

"The pivotal issue from the university's perspective in dealing with the victims is where the incident occurred and when it occurred proximate to the 2001 shower incident," Rozen said. " 'Number 5' is probably the singular one of the claims that has come to the university's attention where it absolutely, positively could have been stopped."

Because of the circumstance and its importance, outlined by Rozen, he and Thomas Kline, who represents Victim 5, said it could be the highest settlement. Neither specified the amount.

"There are categories of relative value," Rozen said. "Within those categories, there is a hierarchy. Certainly, Tom's client, 'Number 5,' sits at the top of the top grouping. There may be one or two other claims up there as well."

Victim 5 grew up so close to Beaver Stadium, the home of the Penn State Nittany Lions, he could hear and feel the crowd roar for a home team touchdown. He and many other were abused by Sandusky and most met the former assistant football coach through his charity.

Sandusky ran the Second Mile Foundation, which hosted at-risk young boys and taught them the game of football. But as was found guilty of one year ago, he used his foundation to abuse various children over a long period of time.

Likely in prison for the rest of his life, Sandusky still claims he is innocent.