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Easier answer for Bonds. If it's false, he should sue them for libel. He's got the money to bankroll a litigation, and it should be pretty easy to prove that what's written in the book is false -- for example, that the records they say exist do not exist in reality.

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Wrong. In order to win the case for label, not only does he has to prove it false, he has to prove that these guys actually knew it was false when they wrote it, and wrote it maliciously. That is very, very hard to prove.

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Who cares if he recovers from the authors? Bonds' motivation would not be to recover from them, it would be to prove that the book's steroid allegations are false and try to save his reputation. He does his discovery, makes a nice record showing that the allegations are false, and gets a decision or verdict that says that, while the allegations are untrue, unfortunately he can't recover because he hasn't proven malice. That's a "win" for Bonds.

Hell, he doesn't even need to take a suit through to the end. He could file a case, make a big public stink about how he's suing them, and then let the thing die a quiet death. He could even use the inability to prove malice as a crutch for his decision not to go through with it.

The point is that there are things the guy could do if the allegations were really false, to try to rebut the public's general belief in the allegations.