I don't think presuming guilt based on allegations is in any way justifiable and is a bad road to go down.I also don't think you would actually be so prideful as to lose hefty amounts of money just to lord it over critics you will never win over. That's an easy thing to say but not very believable. Especially when people that are professionals are telling you settling makes more financial sense. Why would you care if people you don't know think you're bad with money?
I mean this isn't a criminal trial, where you need proof beyond doubt. It's a civil suit, all you need to show guilt is that it is more probable than not that something occurred. Sooner or later enough lawsuits come out against someone that tip the probability scales. For me that was 3 times to assume that Kane probably screwed up, how many lawsuits would it take you? 4,5,6?
For athletes public image and reception can be huge, we've seen sports team back away from controversial players, and if Kane is looked at as a walking lawsuit that can hurt his potential future earnings, as teams may not want him apart of the org. Look at the position that the Sharks are in right now.