
Family members of the 2012 Sandy Hook school shooting victims offered to settle the $1.5bn (£1.32bn) debt owed by conspiracy theorist Alex Jones.
They said they would accept the sale of Mr Jones's assets, or a minimum of $85m (£67m) over 10 years.
Mr Jones admitted making repeated false claims about the deaths, which led to harassment of the victims' families.
The Sandy Hook families sued Jones over those false claims and won the $1.5bn judgement last year.
Mr Jones and his company, Free Speech Systems, have since filed for bankruptcy, but a judge ruled last month it would not release him from paying the settlement.
This new offer, which would also require Mr Jones pay the families half of any income he earned over $9m (£7m) per year, was revealed in court filings last week.
In the filings, lawyers for the family slammed Mr Jones for continuing "to enjoy his extravagant lifestyle" since he filed for bankruptcy. They noted that "based on his monthly operating reports, he has spent approximately $900,000 since commencing" bankruptcy proceedings.