The former mayor agreed to the settlement for violating New York City conflicts of interest law by bringing his security detail on trips during his failed 2019 presidential bid.

The New York City Campaign Finance Board withheld the funds after concluding that former Gov. Andrew M. Cuomo likely coordinated ad language with a super PAC.

In an unusual but not unprecedented move, the prize board chose a fourth option after it couldn’t agree on the three less-heralded finalists.

Paramount’s interest in settling has dismayed CBS’s news division. The executive producer of “60 Minutes” abruptly resigned last week.