It's one thing when you are of modest means and have a dilemma: whether to settle now and have a big payday, or to risk it all and go to court. Risk/reward strategy is unambiguous about it: given a reasonable number, one should settle. What's reasonable is a loaded question indeed, but it's a small fraction of the max to be gained, if we are talking about life changing numbers (I'm trivializing here).
The scenario is drastically different if you are already set for life (trivializing again). If you are set for life, risk/reward strategy is different as well (and again). Now that Nicky is likely set for life, he's less likely to keep settling with other defendants. He can afford to gamble.
CNN were smart to settle before all the others. All others may discover that the price tag went up, or that he's unwilling to settle at all. We may still see some of these cases in court.
I heard there are also lawsuits pending against whatsherface from the Times (who let the Hillary Campaign rope her like a cow), Reza Aslan and a bunch of others.
The amount of the settlement was not made public during a hearing at the federal courthouse in Covington, Kentucky.
Sandmann’s lawsuit sought $800 million from CNN, the Washington Post and NBC Universal.
Trial dates are still not set for Sandmann’s lawsuit against NBC Universal and the Washington Post.
The Washington Post suit sought $250 million. A federal judge let a portion of the suit go forward after The Post filed a motion to dismiss it.
https://www.fox19.com/2020/01/07/cnn-settles-lawsuit-with-nick-sandmann/