WBBM reports:

Cardinal Francis George announced the $12.675 million settlement himself, which involves ten Chicagoland priests and 16 abuse cases.These abuse cases date back to the 1960s and extend through 2006. All of the priests have been removed from public ministry.Its unclear how many have been prosecuted. Newsradio 780 has learned that cases involving Daniel McCormack are included within the settlement.

(H/T Abuse Tracker)Update: Thanks to Jim in the comboxes for pointing out the Chicago Tribune article on the settlement:

As George was announcing the settlement, two abuse victims and their lawyers held a somber news conference a short distance away to thank the archdiocese."This goes a long way to help those survivors in their recovery," said Jeff Anderson, one of the attorneys in the case, during the news conference at the Loop offices of Kerns, Frost & Pearlman.Still, it was clear from the two victims that the settlement could not provide closure to an ugly chapter in their lives."After all these years burying it deep inside, suicide attempts, I know that is wasn't my fault," said Bob Brancato, who was abused by Steel, his priest at St. Joseph the Worker Church in Wheeling, when he was 12 and 13. "I now can have a life without the fear and shame that surrounds the abuse that we victims have gone through."But there is no amount of time or money that can change what happened, Brancato said."The best way I can express this is you never get over this, you get used to it," he said.

And here's a link that leads to to Cardinal George's 550-page deposition.