If 7 win it'll be a huge benefit to League
Maybe a shortime harm, but in the future with News Ltd already being blasted for blatant bias in awarding pay TV rights for a pitifully small amount to a channel that they part own, they won't risk it again.
So in future bidding processes will be much more fair.
There won't be an out of court settlement. Because 7 will no way accept a deal that doesn't admit the bias, because then they will never win the pay TV rights in the future.
And part of the case also involves giving Seven's sport channels reasonable access to Foxtel. Unlike the totally stupid terms Foxtel were demanding before (Subsription based service for 2 channels - Seven had to pay $1.5mil a year + 50% of all subscriber fees (at a price that 7 set) + 100% of all advertising revenue) - the deal would have been the same even if C7 had won the rights(which was never going to happen)
No way could that deal be accepted, because they could never make any money
On the other hand Foxtel pay Fox Sports $10 per subscriber to Foxtel, with advertising split 50%. (Fox Sports deal with Optus is Optus pay $8 per subscriber, with Fox Sports getting 100% of advertising revenue)