Can my friend sue me for accidently breaking his TV?

I was at a friends out back in early November. I had brought my Playstation 3 with me as they were all wanting to see Uncharted 2 and some other games. At around 1am, I felt tired and decided to leave. While unhooking my PS3, the TV slid back and knocked some of the internal compartments loose. I wasn’t informed about this till 2 days later. I immediately made it a point to apologize and offer to help with repairs or a replacement if my finances would allow it. Fast forward to today (Feb 7th). My friend has thrown out an ultimatum. I pay him $300.00, or he sues me for his TV. The TV is about 6 or 7 years old, rear projection Sony. Both sides know its an accident. Can he sue me if we’ve already determined that it was an accident?