PHILADELPHIA (AP) — La Salle University is selling nearly 50 pieces of art from its museum collection which it thinks could raise millions as it deals with financial struggles that have led to layoffs.

The sale includes a wide range of styles and genres, including paintings by American realist Thomas Eakins and early 17th century Italian Bartolomeo Manfredi, as well as an ink-on-paper by Henri Matisse.

The five most valuable works alone could bring in between $2.3 and $3.45 million, university spokeswoman Jaine Lucas said. They include Elisabeth Frink's "Walking Madonna" bronze statue and Geor...