Nicholas Sandman has settled with NBC for an undisclosed amount per his own tweet
(mobile.twitter.com)
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NS .... " its confidential ... "
$$$$$$$$$$$$$$$$$
I heard from somewhere that he probably only got $50,000 for his first settlement. Which is not that much. Especially compared to 200 million.
It's all speculation. Everyone signs a non-disclosure.
We'll never know.
However, he's looking a lot more mature and in control nowadays.
That may be because he has been vindicated and is set for life.
Wouldn't be surprised if that was disinfo leaked by the corps. Maybe he only got $50k as his first payment
He needs to stop settling! They will only continue to do the same thing, like they did with Rittenhouse, as long as they are able to keep settling and not be found guilty of defamation/libel.
These kids are selling out.
I read cnn and msnbc already paid 250 million each. I imagine that NBC paid the same
I think I heard, no links m, the settlement was $60M not $250M. That is where they started
Go on get yours, Sandman!!!
Shouldn’t be confidential. They should be forced to expose their shame.
Slightly tangential, but this triggered a curiosity...are there any tax implications for court settlements/payouts?
My experience said no (never heard anyone complaining about it, like lottery tax for example) and turns out that's true for the most part...looks like there's a bit of grey area, which I imagine is cases like lost pay reimbursements.
[From the IRS- Tax implications of Settlements and Judgements] <The general rule of taxability for amounts received from settlement of lawsuits and other legal remedies is Internal Revenue Code (IRC) Section 61 that states all income is taxable from whatever source derived, unless exempted by another section of the code. IRC Section 104 provides an exclusion from taxable income with respect to lawsuits, settlements and awards. However, the facts and circumstances surrounding each settlement payment must be considered to determine the purpose for which the money was received because not all amounts received from a settlement are exempt from taxes. The key question to ask is: "What was the settlement (and its corresponding payments) intended to replace?">
A settlement is intended to bring the party back to ‘whole’ which would imply a net zero gain. I don’t know, and it wouldn’t surprise me if the collection agency got their claws in for a piece of the action however.
That's bullshit though
I'm just waiting for him to sue the IRS for taxing his settlements.
Baller x1000000
This settlement was in part paid by todays sponsor, Pfizer.
Who's smirking now?
Huh, I thought this happened last year
Congrats. If only the media would learn from all of the lawsuits. Unfortunately their insurance companies do the payout.
He needs to leave the documents on his desk and leave the room for a piss.
Are you kidding? Sandman would have got multi millions from cnn
https://www.breitbart.com/politics/2021/12/17/covington-teen-nicholas-sandmann-settles-275-million-defamation-lawsuit-with-nbc/
no way it was that low. this is a good low end estimate
I heard $60M