Does Alex Jones' case predict what Rudy will be doing?

It's been a long time in the works for the Sandy Hook families.

Conspiracy theorist Alex Jones is asking the families of the victims in the Dec. 2012 mass shooting at Sandy Hook Elementary School in Newtown, Conn. to accept a minimum settlement of $5.5 million a year for 10 years (or $55 million in total), with more possible depending on Jones' income. The families who accept the deal would have to give up all legal claims against Jones or any related party.

The relatives of 10 of those killed in the shooting sued Jones for defamation.

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Jones and Free Speech Systems, the parent company of his conspiracy theory media company Infowars, both filed for bankruptcy last year.

The families then went after Jones in bankruptcy court.

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The proposal falls far short of the close to $1.5 billion courts in Connecticut and Texas collectively awarded the victims' relatives in lawsuits against Jones for falsely claiming the shooting — which left 26 people dead, the majority of them 6- and 7-year-old children — was a hoax.

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The victims' families, meanwhile, filed a counterproposal aimed at liquidating close to all of Jones' assets, including those relating to his media company Infowars, through the setting up of a "General Unsecured Claim" (GUC) trust. Jones' primary residence and a few other assets would be spared under bankruptcy laws.

The competing proposals were filed Friday in U.S. bankruptcy court in Houston. Jones is expected to find out how much he will ultimately have to pay following hearings scheduled for February.

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According to a recent article in Fortune Magazine, Jones has a net worth of around $14 million. "His personal spending topped $93,000 in July alone, including thousands of dollars on meals and entertainment," the article said. "His assets include a home worth $2.6 million, a $2.2 million ranch, a $1.8 million lake house, a $500,000 rental property, and four vehicles and two boats worth more than $330,000 in total."

  NPR