Generally yes. But that is not how Lamar is looking at it. Just because the market is , Lamar should not bear the full costs of that. It is just bad luck that he is a FA this year and not next year. That does not change his value.
Just because no one has the money this year to pay him what he wants, does not mean his value is currently this low. It is probably somewhere in between. If LO was a FA next year, there would probably be more compe ion and his value could be more accurately gauged.
He is looking at a few things:
1) I am willing to take a pay cut; 14M to 10M is around 30%
2) What are players with my abilities getting paid, no matter what the current market is showing? What are the players in the 10M dollar range getting and am I better (Maggette, Kaman, Okafor....)?
3) What are players on my own team making compared to what they bring with regards to winning a le?
4) Because of the economy, what will I realistically expect to lose from my comparable market worth?
Point is, you cannot say no one will pay him, when there is only limited teams available. Two things have to happen in order for the market to work:
1) Teams have to have the money
2) You must fit in with that team
There were hardly any teams with the money and he only fit a few of them needs wise.
I know you do not want to bid against yourself, but that is kind of a cop out in this situation. I thought the Lakers did a good job with their offers, but who knows?