Monday was deadline for claims in $75M Nassar settlement

<p>The entire USA Gymnastics executive board&nbsp;<a href="https://www.nbcnews.com/news/us-news/olympic-committee-gives-usa-gymnastics-board-six-days-resign-or-n841221" target="_blank">will resign</a>. Earlier, the U.S. Olympic Committee demanded the board quit or lose its status as the sport&#39;s governing body.</p><p>The board has 21 voting members. As&nbsp;<a href="https://www.newsy.com/stories/us-olympic-committee-demands-usa-gymnastics-board-resign/" target="_blank">Newsy previously reported</a>, four members had submitted their resignations as of Thursday.</p><p><b>SEE MORE: <a href="https://www.newsy.com/stories/at-t-suspends-its-usa-gymnastics-sponsorship/">AT&T Suspends Its USA Gymnastics Sponsorship Amid Sexual Abuse Scandal</a></b></p><p>On Wednesday, a judge sentenced the team&#39;s former doctor Larry Nassar to 40 to 175 years in prison on multiple criminal sexual abuse charges.</p><p>The U.S. Olympic Committee also requires a new permanent board to be created within a year. That board must cooperate with USOC oversight and have all staff members undergo SafeSport and ethics training.</p><hr><b>Trending stories at <a href="http://www.newsy.com">Newsy.com</a></b><ul class="inline-related-links"><li><a href="http://www.newsy.com/stories/trump-administration-lifts-ban-on-refugees-from-11-countries/">Trump Administration Lifts Temporary Ban On Refugees From 11 Countries</a></li><li><a href="http://www.newsy.com/stories/david-bowdich-reportedly-taking-over-mccabe-s-position/">The FBI&#039;s No. 3 Official Will Reportedly Take Over McCabe&#039;s Position</a></li><li><a href="http://www.newsy.com/stories/secret-service-beware-of-jackpotting-atm-crimes/">Secret Service: Beware Of &#039;Jackpotting&#039; Crimes At ATMs</a></li></ul>