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Florida State reaches settlement with Jameis Winston's accuser

TALLAHASSEE, Fla. -- Florida State said Monday that it is settling a lawsuit with a former student who said she was raped by former star quarterback Jameis Winston.

FSU will pay Erica Kinsman $250,000 and her attorneys $700,000, university president John Thrasher said in a press release. He said Florida State is settling to avoid spending millions on the lawsuit.

"Although we regret we will never be able to tell our full story in court, it is apparent that a trial many months from now would have left FSU fighting over the past rather than looking toward its very bright future," Thrasher said.