Take Two has just released a press release stating that the case against them regarding the GTA: San Andreas modification, ‘Hot Coffee’ has reached settlement. But it has come at quite a cost… over $1.025 million!

The actual value of all cash payments under the settlement will depend on the number of class members that apply for benefits. Take-Two has committed to spend at least $1.025 million on settlement benefits, and the settlement generally caps the defendants’ out-of-pocket costs at no more than $2.75 million, in addition to the costs of providing notice to class members and paying a fee to plaintiffs’ counsel.

Finally the ‘Hot Coffee’ fiasco is over… if you really want to [but why would you?], you can actually take your game back and either recieve a newer version of the game [one which cannot be modified] or up to $35 in cash payment. Here are the full terms:

Under the settlement terms, class members will be able to claim benefits if they swear that they: (a) bought a copy of Grand Theft Auto: San Andreas before July 20, 2005; (b) were offended and upset by the ability of consumers to modify and alter the game’s content using the third-party Hot Coffee modification; (c ) would not have bought the game had they known that consumers could modify and alter the game’s content using the third-party Hot Coffee modification; and (d) would have returned the game, upon learning the game could be modified and altered, if they thought this possible. Settlement class members who attest to these facts may apply for benefits that range from an exchange of the game disk for an edited copy of Grand Theft Auto: San Andreas to a cash payment of up to $35 for consumers who submit detailed proofs of purchase.