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In a surprising turn of events, President-Elect Donald Trump is reportedly close to offering a $20 to $25 million settlement in New York and California lawsuits that allege fraud concerning Trump University. If true, this comes as a shock, as Trump’s attorneys recently asked for the trial to be delayed until after Inauguration Day.

Trump University was one of the president-elect’s many (failed) ventures, and he promised to share his success secrets to willing students for a large chunk of change. But students weren’t happy with the results and didn’t take too kindly to the school’s plagiarized textbooks. In 2013, New York State Attorney General Eric Schneiderman brought a class-action lawsuit against Trump, and during campaign season, Trump said he had no plans on settling the issue and defended the university:

Now that Trump’s reportedly considering a settlement, part of the agreement is that he wouldn’t have to admit any wrongdoing in the case.

On Friday, the day he reportedly hinted at settling, a federal judge was considering arguments to delay the trial till after Inauguration Day on January 20. His lawyer’s reasoning was that he was going to be too busy during his transition phase, and as reports have shown, his transition team is having a heck of a time at the moment. But if he settles, then this will be a done deal, albeit one that hits him in the wallet.

New York Daily News reported Schneiderman sought $40 million from Trump for the more than 5,000 students who signed up for the university The final settlement will go to students as part of the New York and California cases.

(Via New York Daily News & ABC News)