I disagreed strongly with that at the time and still do. The money we're talking about here was a pittance compared to the money already contributed by Dutch society to the university where these people were working. Besides that some of these royalty streams went into private pockets.
A friend of mine was studying under Andy and I had a chat with him about this at his Amstelveen residence prior to the release. He was dead set on doing it that way. As a non-student and relatively poor programmer I pointed out to him that his chosen strategy would make Minix effectively unaffordable to me in spite of his stated goal of 'unlocking unix'. So I ended up in Torvald's camp when he released Linux as FOSS (I never contributed to either, but I figured as a user I should pick the one that would win the race, even if from a tech perspective I agreed more with Tanenbaum than with Torvalds).
Minix was (is?) flogged to students of VU for much longer than was beneficial to those students, all that time and effort (many 100's of man years by now) could have gone into structurally improving Linux. But that would have required admitting a mistake.