Money well spent.
The Politico article is more reality-based. https://www.politico.com/states/florida/story/2020/09/22/blo...
It's not clear if Bloomberg also paid restitution, money owed to victims, in addition to fines and legal debts.
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One my besties ran our state's version of FL Rights Restitution Coalition. https://floridarrc.com They successfully updated our laws for process to reenfranchise ex-felons, which was widely acknowledged as even worse than Florida (at the time).
Even more ridiculous than the fines and legal debts is the bureaucracy. Of the 1,000s of ex-felons who'd squared up every year, less than 20 were able to navigate the red tape to actually restore their right to vote.
FWIW, voting rights should never be contingent on fines, debts, restitution. That's flat out unconstitutional, just like poll taxes. Many (most?) states don't even disenfranchise felons. The states that do disenfranchise are whackadoodles.