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Bishop Eddie Long‘s pending sexual misconduct lawsuit has been dropped and the controversial figure was reported to be paying $15 million dollars in the settlement.

Back in September of 2010, two DeKalb County men filed lawsuits alleging Bishop Long, leader of one of the Southeast’s largest churches, coerced them into having sex with him in exchange for lavish trips, cars and cash. Now comes the latest news that the Bishop has agreed to pay nearly $25 million and issue an apology.

STORY: Breaking Pockets! Bishop Eddie Long Gotta Pay $15 Million (PHOTOS)

Redding News Review Reports:

Bishop Eddie Long is paying nearly $25 million and has given an apology to settle claims he had sexual relationships with four young male parishioners, a source has told Redding News Review.

The source, who claims to be familiar with the details of the settlement and did not wish to be identified, said that Long refused to give a public apology, which ended up costing him more.

What began as a $2 million agreement to settle the case for each of the four men quickly rose to $5.5 million for the respective plaintiffs, the source said, only because Long refused to publically admit guilt.

The men are to divide $2.2 million equally and then receive $400,000 in payments until the money is paid out over the next 20 years, the source said. The final figure comes to $22 million for the four men and $2.8 million for the plaintiffs’ attorneys.

(source)

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