Yes, I understand. I think $130M isn't enough reward to forego risk and the opportunity for more through conventional arbitration and FA. He says no, IMO.
I think it's a clever and good offer. Just think it's gonna take a really large amount (substantially larger than this) to get him to do anything other than year-to-year at this point.
If we give him the 5M signing bonus in 76 years (at 4.022%) we can tell everyone the guarantee is 230M