After a careful re-reading of all three articles, I'm giving up. The articles are each incompatible with the others if you grant that weasel-wording is in play.
It's possible I'm reading too much into what looks to me like careful wording on the part of Bloomberg, but there appears to be a lot of smoke here for there not to be fire. And one would think that such a high-profile article on page A1 of the New York Times would merit a strong refutation from Google if it were so off-base.
To be clear, I thought there must be plenty of fire in the agreement regardless.
No ISP need run afoul of net neutrality to offer pay-to-play accelerated peering or CDN services. So any talk of traffic-shaping to offer premiere services to content providers sends up a giant red flag.
Further, wired consumer connections are going to be largely irrelevant in the near future. Once 4G has acceptable coverage in the US, landline consumer broadband is going to follow landline consumer phone service. So even if Verizon were actually forbidden from "managing" those, it's hardly a victory.