The issue is that Bollea dropped a part of the lawsuit that would have allowed the award to be paid out by the insurer - that reduces both the likelihood and amount of money that Bollea will receive, on the face of it, acting in a manner contrary to his own best interest, and in Thiel, lawsuit financier's, stated interests.
>acting in a manner contrary to his own best interest
Hogan is a famous, well-liked millionaire[0] already. And he almost certainly doesn't like Gawker.
So maybe he thought, "I can give up some of these millions and these parasites will not publish another damned lie again". In return, he also gets the eternal gratitude of people who hate Gawker (all decent human beings).
Seems like his actions align quite well with his interests.
Yes, I can see the motivations of someone who confessed bankruptcy or near bankruptcy who initially sued Gawker for damages - got a very large award, and only after Thiel got involved decided to drop a part of the lawsuit that might help him actually receive all/some/any of the award - as not being worthy of any question at all.
Your own link says he is no longer a millionaire. He changed from financial motivations to moral superiority after the investment of someone who wants to destroy Gawker (not that Hogan might not also want that)... reducing your ability to receive damages doesn't seem to align to me as well as it does to you.
Eh, it's a difference of a few million, maybe tens of millions. A small price to pay to watch this pustulent sore on humanity's face collapse and burn as a result of your actions.
