No they won’t. How you read that and came to that conclusion is questionable. First off, they’re not looking to settle - they are looking for specific performance. No settlement will help them recover the economic loss. And no judge is awarding them damages that far exceed the terms of the contract itself in order to make them whole. The settlement here would be for them to get some NBA games in a fourth package.
The NBA has the highly credible argument that matching does not mean taking any deal that seems equal in monetary value at face value.
Amazon presents a much greater economic opportunity. The idea that WB can credibly claim that the NBA was not negotiating in good faith when they negotiated with WB for months in accordance with the previous contract and even allowed Amazon into that exclusive window at TNT’s behest (they all flirted with bringing in YouTube TV/Google in some co-capacity) is far fetched. The NBA will point out that the fact that TNT brought in Amazon in and of itself was evidence that they knew they could not offer everything the NBA wanted. It’s only a question of how much of the negotiations the NBA wants to put into the record - or better yet, can get in on a reply.
The NBA doesn’t want this to go to discovery in court is why they settle. Look at the NFL Sunday Ticket antitrust lawsuit, the NFL arrogantly believed (and they still might) win in a jury trial and they lost. The NBA isn’t risking all that imo, they will pay WBD to let this go away. Now WBD might be petty enough to go through it, but they are in financial peril, so billions in a settlement would be a win for them.